For Amissima Vita the partnership with Carige it accounts for about 55% of the 1.2 billion in premium income
The agreement of Beloved Life with Banca Carige is armored for six yearsuntil 2028. There are no change of control which could lead to the dissolution of the alliance prematurely, after that Bperin recent days, has reached an agreement to take over from Fidt (the deposit protection fund) 80% of the Ligurian bank. Bper distributes the policies of Unipol, a group led by Carlo Cimbri and which holds 18.9% of the capital of the bank managed by Piero Montani.
On the contrary, Beloved Life she also has an option in her pocket that might allow her to extend the partnershipuntil 2038explains a MF-Milan Finance Jozef Balageneral manager of the insurance company which in September was sold by Apollo to Athoraa European insurance group with 90 billion assets under management, with a presence in the Netherlands, Ireland and Germany.
As well as in Belgium, where the company took office by taking over its insurance activities in the country for 540 million from Generali. “Athora has strong ambitions for growth in Italy too”, continues Bala, who is working on new distribution agreements and does not rule out new acquisitions.
“In the contract there is no clause to be enforced in the event of a shareholder change but we are ready to listen to the requests if the new shareholder wants to open the discussion”, explained Bala. For Amissima Vita, the partnership with Carige accounts for about “55% of the 1.2 billion premiums collected. Much less than the 95% of 2018 and with the arrival of Athora there will be a further boost to growth, with the Italy which represents a strategic country for the group. We want to double or even triple the current masses within 3-4 years, with a stable investment over time “, added the top manager.
– Banco Bpm seeks refuge in Agricole. The French blitz against Orcel’s takeover bid
– Intesa-Sanpaolo, Messina on the hunt for an external banker. The new CEO of Isybank from the fintech world
– Piazza Affari blesses the third pole around Bper. And Orcel’s frozen takeover on Bpm still heats up the stock market