Kooperativa acquired 365.life
Insurer Kooperativa, part of Vienna Insurance Group, has acquired 365.life, the smallest asset manager in the second pension pillar, from 365.banka (J&T group). Kooperativa also aspires to obtain a license to pay pensions from the second pillar. At the end of November, 365.life had 125,000 clients, managed €0.5bn and had a 5% market share. 365.bank sold its insurer two years ago.
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