as at 06 Oct 2026
Insurance Asset News
ALM & Capital

Generali agrees €150m deal for about 9.9% of Cajamar holding entity BCC

By IAN Editorial Desk
2 October 2026·Updated 6 October 2026·1 min read
Primary source: generali.com

Generali Spain will make the purchase within its investment portfolio, the group said.

Generali has agreed to buy a stake of about 9.9% in Banco de Crédito Cooperativo (BCC), the holding entity of Grupo Cooperativo Cajamar, for €150m, the insurer announced on 2 October 2026.

Generali said the investment would have an immaterial effect on the group's solvency level.

The insurer described the deal as a development of its bancassurance partnership with Cajamar,…

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