Generali sells Fata Danni to Cattolica for €179m
Italian insurer Generali has agreed to sell its agricultural risks business Fata Assicurazioni Danni to Cattolica for €179m (£149m).
Generali will continue to operate in the Italian agricultural risk business through the Generali Italia network.
In 2012, Fata recorded a total premium income of €434m and a net profit of
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