MILAN, Feb 22 (Reuters) - British private equity firm
Cinven has pumped 100 million euros into Eurovita, the Italian
life insurer said on Wednesday after it became the first
insurance company in the country to be placed under temporary
administration.
The temporary administrator that Italian insurance regulator
IVASS has put in charge of Eurovita after its solvency ratios
fell below minimum thresholds said they kept working on plans to
rebuild the insurer's capital reserves.
"As a first important contribution ... Eurovita Holding SpA
has received a capital contribution of 100 million euros ...
from its shareholder," they said in a statement.
(Reporting by Valentina Za, editing by Cristina Carlevaro)
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