cattolica assicurazioni scrl
(CASS:BrsaItaliana)
cattolica assicurazioni scrl (CASS) Snapshot
|
Open
€15.98
|
Previous Close
€15.82
|
|
|
Day High
€15.99
|
Day Low
€15.43
|
|
|
52 Week High
05/17/13 - €16.70
|
52 Week Low
07/23/12 - €8.03
|
|
|
Market Cap
889.4M
|
Average Volume 10 Days
104.3K
|
|
|
EPS TTM
€1.18
|
Shares Outstanding
56.8M
|
|
|
EX-Date
05/20/13
|
P/E TM
13.2x
|
|
|
Dividend
€0.80
|
Dividend Yield
5.11%
|
Related News
cattolica assicurazioni scrl (CASS) Related Businessweek News
No Related Businessweek News Foundcattolica assicurazioni scrl (CASS) Details
Società Cattolica di Assicurazione - Società Cooperativa, through its subsidiaries, provides various life and non-life insurance products in Italy. It offers life insurance products, such as duration of human life, duration of human life linked to investment funds, health insurance, capitalization transactions, and pension funds, as well as non-life insurance products for accident and injury, health, land vehicle hulls, railway rolling stock, goods in transit, fire and natural forces, TPL-land motor vehicles, TPL–aircraft, TPL–shipping, TPL-general, credit, suretyship, sundry financial losses, and assistance. It also develops real estate assets; and provides closed-end real estate property and equity funds, as well as engages in car full service and premium collection activities. The company offers its products through bank branches and post offices, financial advisors, various agencies, and brokers, as well as direct sales. Società Cattolica di Assicurazione - Società Cooperativa was founded in 1896 and is headquartered in Verona, Italy.
cattolica assicurazioni scrl (CASS) Key Developments
Società Cattolica di Assicurazione - Società Cooperativa announced consolidated and parent earnings results for the year ended December 31, 2012. For the year, on consolidated basis, the company reported consolidated profit of EUR 84 million on total revenues and income of EUR 4,284 million compared to consolidated profit of EUR 42 million on total revenues and income of EUR 4,117 million for the prior year. Profit pertaining to the group was EUR 62 million against EUR 38 million of prior year. Premiums written for direct and indirect business of the Parent Company reached EUR 2,110 million versus EUR 2,121 million as at December 31, 2011; -0.5%), of which EUR 1,468 million for direct non-life business versus EUR 1,447 million as at December 31, 2011; +1.5%) and EUR 613 million for life versus EUR 645 million as at December 31, 2011; -5%. The net profit on the basis of the Italian accounting standards amounted to EUR 59 million.
Unipol Gruppo Finanziario S.p.A. (BIT:UNI) has received 10-15 expressions of interest including Allianz SE (DB:ALV), Aviva plc (LSE:AV.), AXA Group (ENXTPA:CS), Società Cattolica di Assicurazione - Società Cooperativa (BIT:CASS), Zurich Insurance Group AG (SWX:ZURN) and others for €1.7 billion in assets it must sell as part of a merger with Fondiaria-SAI S.p.A (BIT:FSA), which is expected to close by the end of 2013. "The parties interested include Allianz, Axa, Aviva, Zurich, Cattolica and several private equity funds," Carlo Cimbri, Chief Executive Officer of Unipol said in a meeting with the foreign press. "We expect to close the sale by the end of the year though the transfer of property could slip into next year," Carlo Cimbri said. Carlo Cimbri also said the portfolio - which includes premiums, agencies and other assets - will be sold in two blocks but added any interested party would be able to make an offer for both.
The Board of Directors of Società Cattolica di Assicurazione - Società Cooperativa will propose to the shareholders meeting a unit dividend of EUR 0.8 per share. The dividend proposed will be payable as from May 23rd 2013, with coupon detachment date on the 20th of said month (coupon number 22) and record date as at May 22nd, 2013, in compliance with Borsa Italiana's calendar.
| Recently Viewed | |||
| CASS:IM | €15.66 EUR | -0.16 | |
| Company | Last | Change |
| Amlin PLC | 431.10 GBp | +4.90 |
| Catlin Group Ltd | 544.50 GBp | +12.00 |
| Jardine Lloyd Thompson Group PLC | 908.50 GBp | +6.00 |
| Storebrand ASA | 26.90 NOK | +0.02 |
| Topdanmark A/S | kr149.00 DKK | 0.00 |
| View Industry Companies | ||
Industry Analysis
CASS
Industry Average
| Valuation | CASS | Industry Range |
| Price/Earnings | 14.1x |
|
| Price/Sales | 0.2x |
|
| Price/Book | 0.7x |
|
| Price/Cash Flow | 14.2x |
|
| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Jacksonville, FL | Cass Information SystemsPosted: May 20
- Bridgeton, MO | Cass Information SystemsPosted: May 21
- Greenville, SC | Cass Information SystemsPosted: May 20
- Bridgeton, MO | Cass Information SystemsPosted: May 16
Sponsored Financial Commentaries
Sponsored Links
To contact CATTOLICA ASSICURAZIONI SCRL, please visit www.cattolicaassicurazioni.it. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








