CNP Assurances completes acquisition of Aviva's Italian life business

CNP AssurancesCNP Assurances (France) is finalizing the acquisition of Aviva's life activities in Italy, initiated in March 2021. The transaction, worth 543 million EUR (614.937 million USD), is being financed by the French insurer on its shareholders' equity.

The operation includes the takeover of three Italian subsidiaries of the British group, accompanied by a name change of the three entities.

Name of the entityLine of BusinessAcquired stakeNew name
Aviva S.p.ALife insurance company
51%
CNP Vita Assicura
Aviva Life S.p.A.Life insurance company
100%
CNP Vita Assicurazione
Aviva Italia Servizi S.c.a.r.lOperational services company
92.99%
CNP Vita SCARL
0
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