Italian insurer Eurovita completes Pramerica Life acquisition

Eugenia Jiménez
Italian insurer Eurovita completes Pramerica Life acquisition

Italian independent life insurer Eurovita Holding, fully owned by private equity firm Cinven, has acquired rival insurer Pramerica Life from Prudential Financial.   The acquisition will boost Eurovita's gross written premiums to €2.5bn while enabling the insurance firm to further strengthen its distribution network. It will also bring the firm new capabilities, especially in the life protection segment,enhancing the ability of the Group to design and implement tailor made solutions for the...

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Eugenia Jiménez
Author spotlight

Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.