Aviva Italia Holding is a leading insurance company in Italy, with a rich history dating back to 2001.
Its parent company, Aviva Group, is a global financial services provider with operations in over 16 countries.
Aviva Italia Holding offers a wide range of insurance products, including life insurance, health insurance, and property insurance.
The company has a strong presence in the Italian market, with a network of agents and brokers across the country.
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Company Overview
Aviva Italia Holding is a subsidiary of Aviva, a global insurance company with a rich history dating back to 1784.
The company was formed in 2006 as a result of the acquisition of General Accident's Italian operations by Aviva.
Aviva Italia Holding is headquartered in Milan, Italy.
The company operates in the Italian insurance market, providing a range of products and services to individuals and businesses.
Aviva Italia Holding has a strong presence in the Italian market, with a significant share of the life and non-life insurance market.
The company's products include life insurance, general insurance, and pension products.
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Background Information
Aviva Italia Holding was previously known as CGNU Holding S.p.A. in 2001, changing its name in 2002.
The company's history dates back to 1999, when its predecessor, CGU plc, sold a 50% stake in Commercial Union Life S.p.A. and Commercial Union Assicurazioni S.p.A. to Banca delle Marche.
Aviva Italia Holding acquired the remaining minority interests in Aviva Life and Aviva Assicurazioni from Banca delle Marche in 2010.
In 2007, Aviva formed a joint venture in bancassurance with Banco Popolare, creating Avipop Vita and Avipop Assicurazioni.
Aviva also partnered with UniCredit in 1989 to form Aviva S.p.A., and with UBI Banca in 2003 to create Aviva Vita and Aviva Assicurazioni Vita.
In 2014, UBI Banca sold a 30% stake in Aviva Vita and Aviva Assicurazioni Vita to Aviva Italia Holding.
Aviva Italia Holding sold its equity stake in Banca Popolare Commercio e Industria, Banca Popolare di Ancona, and Banca Carime for €327 million in 2014.
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Frequently Asked Questions
Is Aviva a public company?
Yes, Aviva is a public company, as its shares are listed on the London Stock Exchange. This makes its shares available for public trading and investment.
Sources
- https://www.aviva.com/newsroom/news-releases/2021/12/aviva-completes-exit-from-italy/
- https://en.wikipedia.org/wiki/Aviva_Italia_Holding
- https://www.legalentityidentifier.co.uk/leicert/815600DD71582D382402/
- https://www.insurancebusinessmag.com/ca/news/breaking-news/aviva-offloads-joint-venture-stake-for-ca620-million-239852.aspx
- https://www.wikiwand.com/en/articles/Aviva_Italia_Holding
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