According to Mediobanca, as of 2014[update] the group had a combined gross premiums written of €3,768,783,000 and was the 12th largest insurance company of Italy.
[1] In 1999, the predecessor of Aviva plc, CGU plc, via Commercial Union Italia, sold 50% stake in Commercial Union Life S.p.A. and Commercial Union Assicurazioni S.p.A. to Banca delle Marche, as part of a bancassurance business.
The group also owned an equity stake in Banca delle Marche until 2010.
[3] In 2014 UBI Banca sold 30% stake in Aviva Vita and Aviva Assicurazioni Vita to Aviva Italia Holding; at the same time the equity stake held by Aviva Italia Holding in Banca Popolare Commercio e Industria, Banca Popolare di Ancona and Banca Carime were sold for €327 million.
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