On March 25th Cattolica and Inter Mutuelles Assistance communicated that they had closed the transaction that involves the entry of Cattolica in IMA Italia Assistance S.p.A. through the subscription of a capital increase through a rights issue, for a total amount of € 8.58 million, which led to Parent Company to hold 35% of IMA Italia Assistance S.p.A. Through this partnership, Cattolica and the IMA Group put their industrial competence together, giving momentum to the growth of IMA Italia Assistance, which from April 1st onwards has been the new sole provider of the assistance services offered by the Group’s networks. 

On April 13th, the ordinary Shareholders’ Meeting of Cattolica Assicurazioni met and approved all items on the agenda, including the proposal of the Board of Directors to distribute a dividend of € 0.40 per share.

The Shareholders’ Meeting, based on the new Articles of Association approved by the Shareholders’ Meeting of April 28th, 2018, appointed the following members of the Board of Directors for the three-year period 2019-2021: Paolo Bedoni, Alberto Minali, Barbara Blasevich, Federica Bonato, Cesare Brena, Piergiuseppe Caldana, Bettina Campedelli, Luigi Castelletti, Chiara de’ Stefani, Rosella Giacometti, Giovanni Glisenti, Alessandro Lai, Carlo Napoleoni, Aldo Poli, Pierantonio Riello, Anna Strazzera and Eugenio Vanda drawn from the sole list presented by the Board of Directors. The directors Giovanni Glisenti, Cesare Brena and Federica Bonato shall also be members of the Management Control Committee for the three-year period from 2019 to 2021, of which Giovanni Glisenti will be chairman. The meeting also resolved with regard to the determination of the related fees. The new Board of Directors, which met immediately after the end of the Shareholders’ Meeting, appointed Paolo Bedoni as Chairman, Barbara Blasevich as Deputy Chairman, Aldo Poli as Vice Deputy Chairman and Alberto Minali as Managing Director.

On July 3rd and 5th, 2019, Cattolica and ICCREA Banca resolved to renew the bancassurance partnership until December 31st, 2022 and the terms of the shareholding reorganisation of the joint ventures BCC Vita and BCC Assicurazioni.
On July 29th the Parent Company then closed the purchase, from ICCREA Banca, of 19% of the share capital of the subsidiaries BCC Vita and BCC Assicurazioni, thus increasing its own shareholding in both companies from 51% to 70%.
Concurrently, a new shareholder agreement pertaining to the governance of the same companies and a new commercial bancassurance agreement, expiring on December 31st, 2022, were executed.

With reference to the Company All Risks Solutions S.r.l., operating as an insurance intermediary, on the 4th of July, the Subsidiary Estinvest acquired a 49% share in addition to the 31% share acquired on the 6th of February. Following this, the Company is 100% indirectly controlled by Cattolica.