trending Market Intelligence /marketintelligence/en/news-insights/trending/kVXlLcnXaM7YE5v1e2mpYQ2 content esgSubNav
In This List

Phlavia Investimenti-Eurovita deal gets regulatory approval

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally

Case Study

A Chinese Bank Strengthens its Credit Risk Assessments

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition


Phlavia Investimenti-Eurovita deal gets regulatory approval

Istituto per la Vigilanza sulle Assicurazioni has given its approval for Phlavia Investimenti Srl's acquisition of Eurovita Assicurazioni SpA.

The transaction is expected to be completed by the end of August.

Additionally, the regulator authorized the merger of Phlavia Investimenti's subsidiaries: ERGO Previdenza SpA, Old Mutual Wealth Italy SpA and Eurovita Assicurazioni.

Phlavia Investimenti is a subsidiary of private equity firm Cinven. The Italian group is pursuing a consolidation strategy of the Italian life insurance industry.

Eurovita Assicurazioni is an Italian life insurance company with a specialization in bancassurance.