The Gruppo Assicurativo Poste Vita is an Italian

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...

of the Italian Post Group, made up of Poste Vita and Poste Assicura, that works in the

insurance industry Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

. Posta Vita also had a minority interests in Europa Gestioni Immobiliari (45%), which the

parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

hold another 55%. According to a research of Ricerche e Studi (a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

of Mediobanca), Poste Vita Insurance Group was the 4th largest insurances company in Italy by gross premiums, according to 2014 data. Another research by

PricewaterhouseCoopers PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...

, shown the insurer was ranked 2nd by market share in

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

(14.0%), but not in the top 5 in non-life insurance.

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* Insurance companies of Italy Government-owned companies of Italy Partly privatized companies of Italy {{Italy-company-stub