Reinsurance News

medvida

MEDVIDA Partners acquires VidaCaixa’s life insurance business

7th May 2024

MEDVIDA Partners, a Spanish life insurance company specialised in the acquisition, integration and optimization of life insurance businesses, has completed the acquisition of Sa Nostra Vida from VidaCaixa. Through this transaction, which was announced back in July 2023, MEDVIDA has acquired Sa Nostra Vida's run-off life insurance portfolio, which consists ... Read the full article

MEDVIDA Partners completes acquisition of Metrópolis’ life insurance portfolio

7th February 2024

MEDVIDA Partners, a Spanish insurer, has completed its acquisition of Metrópolis’ life insurance portfolio, representing the first transfer of life insurance savings with-profits portfolios between unrelated entities. According to the announcement, the solution implemented by MEDVIDA Partners results in an economically sound mechanism for both parties to transfer the portfolio. It also ... Read the full article

MEDVIDA completes merger with MEDVIDA Partners

15th January 2024

Mediterráneo Vida (MEDVIDA), has completed it's merger with MEDVIDA Partners, the Spanish insurance organisation - formerly known as CNP Partners, which was acquired by the group in 2022. The merged company, which manages close to €3.5 billion in assets, reaffirms its appetite for making further acquisitions of life insurance businesses ... Read the full article

MEDVIDA to manage Sa Nostra Vida’s run-off portfolio in agreement with VidaCaixa

18th July 2023

MEDVIDA, a leading insurance management company, has announced an agreement with VidaCaixa to manage a significant portion of Sa Nostra Vida's life insurance portfolio. The transaction, subject to regulatory approval by the Directorate General of Insurance and Pension Funds (DGSFP), is expected to be completed in the first half of next ... Read the full article

MedVida looks to acquire Metrópolis

12th July 2022

MedVida has announced its intention to acquire the life insurance portfolio of Spanish firm Metrópolis. In a statement, the firm said that the transaction is subject to regulatory approvals and is expected to be completed by the end of this year. With this transaction, Metrópolis completes its corporate restructuring, ceasing its ... Read the full article

MedVida looking to pick up CNP Partners

16th March 2022

MedVida is looking to acquire CNP Partners from French company CNP Assurances. Under the proposed transaction, MedVida would work with the existing CNP Partners team in both countries to strengthen ties with its distribution partners, including financial institutions, brokers, and intermediaries, and develop its digital channel. CNP Partners is a life insurance ... Read the full article