Societa Cattolica di Assicurazione - S&P Global Ratings’ Credit Research

Societa Cattolica di Assicurazione

Societa Cattolica di Assicurazione - S&P Global Ratings’ Credit Research
Societa Cattolica di Assicurazione
Published Jun 30, 2008
4787 words — Published Jun 30, 2008
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong competitive position in the Italian insurance market Strong financial flexibility Reduced growth Weakened operating performance The ratings on Italy-based composite insurer Società Cattolica di Assicurazione (Cattolica) reflect its strong competitive position in the Italian insurance market and strong financial flexibility. Offsetting factors are the group's weakened operating performance and reduced growth that could hinder its competitive position. Cattolica has a strong competitive position as the seventh-largest Italian insurer and benefits from a sound bancassurance strategy and well-recognized agency force for the distribution of life and property/casualty (P/C) products respectively. Diversification within life and P/C is good. We expect the strategic alliance with Banca Popolare di Vicenza ScpA (BPVi; A-/Stable/A-2) signed in March 2007 to allow the insurer to partly

  
Brief Excerpt:

RESEARCH Societa Cattolica di Assicurazione Publication date: 30-Jun-2008 Primary Credit Analyst: Paola Del Curatolo, Milan (39) 0272111228; paola_del_curatolo@standardandpoors.com Secondary Credit Analyst: Laura Santori, Paris (33)...

  
Report Type:

Full Report

Ticker
CASS@IM
Issuer
Societa Cattolica di Assicurazione
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers
Country
Italy
Region
Europe, Middle East, Africa
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Societa Cattolica di Assicurazione" Jun 30, 2008. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Societa-Cattolica-di-Assicurazione-656951>
  
APA:
S&P Global Ratings’ Credit Research. (). Societa Cattolica di Assicurazione Jun 30, 2008. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Societa-Cattolica-di-Assicurazione-656951>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.