Eurobank to buy Eurolife life insurer from Fairfax for €813m
- Location
- 🇬🇷 Greece
- Sector
- Finance / Insurance
- Organisations
- Eurobank ↔ Eurolife FFH Life Insurance (80 % von Fairfax)
- Transaction
- Acquisition (80%)
- Volume
- €813m
- Status
- completed
Eurobank is buying Fairfax's 80% stake in Eurolife's life insurance business for €813m in cash; Fairfax keeps its majority of the property and casualty business and in turn takes 45% of Eurobank's Cypriot insurer ERB Asfalistiki for €59m (Fairfax, 13 October 2025). Update (16 July 2026): the European Commission cleared the deal as case M.12485 (European Commission, Daily News, 16 July 2026). Update (29 October 2026): Eurobank has completed the purchase (Cyprus Mail, 29 October 2026).
Source: fairfax.ca ↗ · Archived copy ↗
Further sources: cyprus-mail.com ↗ (Archived copy ↗) · ec.europa.eu ↗ (Archived copy ↗)
Evidence: 3 independent sources · archived copy saved · How well sourced is Eurotrack?
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