Areas of Business

Cattolica’s business model is multichannel and multiproduct, integrated and dynamic, updated to deal with and, where possible, anticipate the evolution of the insurance market, the current social and demographical trends, the increasingly-evolved demand for services, and the emergence of new distribution channels.

The business of Gruppo Cattolica Assicurazioni is divided into three areas of business: non-life insurance, life insurance and other activities, both operational and instrumental to the insurance business. Cattolica Assicurazioni, the parent company, deals with the life and non-life branches. The other companies operate in the sectors of life, non-life, investments, real estate and offer services which are operational and instrumental to the performance of the Group’s activities. 

 

Summary of the premiums for the year (€ thousands)  

  2019 2018
gross premiums written 2,394,309 2,582,515
direct business - non-life  1,732,833 1,725,978
direct business - life 620,323 825,257
indirect business - non-life  41,126 31,244
indirect business - life  27 36

 

Individuals and families, businesses, farmer, religious and non-profit bodies are the specific types of clients dealt with by Cattolica, which couples traditional life and non-life insurance services with innovative products and solutions for protection and risk mitigation.

In 2018 CattRe was born, a reinsurance company dedicated to non-traditional lines of risk.

 

Detail of Direct Premiums

Peers and market share

Among the peers of the Cattolica Assicurazioni Group operating on the Italian insurance market it is possible to include the Generali Group and the Unipol Group, also listed on the Milan Stock Exchange, and, among unlisted companies, Vittoria Assicurazioni and Reale Mutua.

 


update May 2020