Insurance

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Eurovita Assicurazioni

Eurovita Assicurazioni began operations in 1990 as an Italian life insurer. Cinven formed the entity via the combination of ERGO Previdenza, Old Mutual Wealth...

Eurovita Assicurazioni

Eurovita Assicurazioni began operations in 1990 as an Italian life insurer. Cinven formed the entity via the combination of ERGO Previdenza, Old Mutual Wealth Italy, and earlier Eurovita operations. The firm deployed capital across Italian government bonds valued at 6.72B, corporate bonds at 4.84B, collective investment undertakings at 1.89B, and listed equities at 178M. These holdings sat within the general account supporting life, savings, and pension products. Geographic exposure concentrated in Italy and broader Europe. The firm maintained 100 percent ownership of Agenzia Eurovita S.r.l. and Eurovita Service S.c.r.l. It held a board seat in Cronos Vita Assicurazioni S.p.A., the successor vehicle. In November 2023 the Eurovita case resolution featured at Insurance Day hosted by MF Milano Finanza. IVASS placed the company under special administration, shifting oversight from standard corporate governance to regulatory control. The structure separated the original operating company from the policy book now managed through Cronos Vita.

General information

Firm type

Insurance

Year founded

1990

AUM

17.6B (Altss estimate)

Location

Region

Europe

Country

Italy

City

Milan

Corporate office

Via Fra Riccardo Pampuri,13, 20141 Milan, Italy

Principals

Alessandro Santoliquido

Special Commissioner

Sector focus

Insurance

Frequently asked questions

Who ran investment decisions at Eurovita Assicurazioni?

Alessandro Santoliquido served as Special Commissioner appointed by IVASS during the administration period.

What asset classes did Eurovita hold?

Holdings included Italian government bonds, investment-grade and high-yield corporate bonds, UCITS funds, and listed equities on Borsa Italiana.

How was Eurovita related to Cinven?

Cinven created the Eurovita group through the merger of ERGO Previdenza, Old Mutual Wealth Italy, and Eurovita Assicurazioni.

What happened to Eurovita policyholders?

Policies moved to Cronos Vita Assicurazioni S.p.A., formed by five major Italian insurers including Assicurazioni Generali and Intesa Sanpaolo Vita.

Did Eurovita maintain direct investments in operating businesses?

Eurovita held full ownership of Agenzia Eurovita S.r.l. and Eurovita Service S.c.r.l. through Eurovita S.p.A.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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