Cattolica submits a binding offer for a bancassurance partnership with Banco BPM Group in Life and P&C sectors
27 September 2017 - Time: 05:36
CATTOLICA SUBMITS A BINDING OFFER FOR A BANCASSURANCE PARTNERSHIP WITH BANCO BPM GROUP IN LIFE AND P&C SECTORS
Verona, September 27th, 2017
The Board of Directors of Cattolica Assicurazioni, under the chairmanship of Paolo Bedoni, resolved to submit a binding offer for a bancassurance partnership with Banco BPM Group. The binding offer provides for the acquisition of a majority ownership in Popolare Vita S.p.A. and in Avipop Assicurazioni S.p.A. as well as for the subscription of an agreement for the distribution of Life and P&C Insurance products.