Reinsurance News

Crédit Agricole Assurances

Crédit Agricole’s Pacifica places first €160m cat bond

8th December 2023

Crédit Agricole Assurances' P&C insurance subsidiary Pacifica has made its debut venture into the insurance-linked securities (ILS) market with the sponsoring of a €160 million catastrophe bond issued by Taranis Re DAC, a special purpose vehicle incorporated in Ireland covering Metropolitan France, Monaco and Andorra. According to Pacifica, the cat bond ... Read the full article

Crédit Agricole signs non-life partnership with Banco BPM in Italy

29th December 2022

Crédit Agricole S.A. has announced that Banco BPM (BBPM) and Crédit Agricole Assurances (CAA), a subsidiary of Crédit Agricole S.A., have signed a binding Term Sheet for the establishment of a long-term bancassurance partnership in Italy to provide non-life insurance products and related services through BBPM distribution networks. Under the partnership, ... Read the full article

Generali in talks to acquire La Médicale from Crédit Agricole Assurances

25th November 2021

Italian insurer Generali has entered into exclusive negotiations to acquire La Médicale, the insurance subsidiary for healthcare professionals owned by Crédit Agricole Assurances. Under the terms of the arrangement, Generali France will also acquire Predica's death coverage portfolio, which is marketed and managed by La Médicale. Predica is a life insurance entity ... Read the full article