As of March 2021, the life insurance unit is owned by Allianz and the non-life insurance unit is owned by CNP Assurances.
The transactions are subject to customary closing conditions, including regulatory and anti-trust approvals, and are expected to complete in the second half of 2021.
Aviva announces that it has agreed to sell its entire 80% shareholding in the Italian life insurance joint venture, Aviva Vita, to its partner UBI Banca.
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