Natixis acquires 40% of BPCE Assurances from Macif and Maif
Natixis, Macif and Maif announce the signature of an agreement for Natixis Assurances to acquire 40% of BPCE Assurances from Macif (25%) and Maif (15%). Following this transaction, Natixis Assurances will be BPCE Assurances’ sole shareholder.
Macif is a French insurance Group with mutualist values and gathers over 5 million members and customers to protect what is essential to everyone - his life, his family and his property. Managing more than 18 million contracts as of January 1, 2016 (in casualty insurance, healthcare / providence, banking and life insurance), the Group generated revenues of € 6.1 billion in 2015.
For more info on www.macif.fr
Maif is the fourth motor-vehicle insurer as well as the leading insurer for associations, and meets all the insurance requirements of its three million member-shareholders (property insurance, death and physical injury, health, assistance, savings, credit, etc.). The mutual insurer is regularly singled out for the quality of its client relationships, where it is renowned as best French company across all sectors. In 2016, the MAIF group reported revenues of €3.4 billion.
For more information, visit www.maif.fr
Press Relations, Natixis
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