London Welsh break Premiership duck in second half fightback September 16, 2012 LONDON Welsh picked up their first ever Aviva Premiership victory against Exeter Chiefs yesterday and head coach Lyn Jones admits they have come a long way since their opening day loss to Leicester Tigers. A last-gasp try from Ed Jackson and Seb Jewell’s subsequent conversion added to the drama at the Kassam Stadium as the [...]
Aviva earnings pick up after Eurozone blow March 8, 2012 Aviva reported a bigger-than-expected six per cent rise in its 2011 earnings, helped by better profit margins in its life insurance business, and said capital reserves had recovered from a hit they took last year as a result of the Eurozone debt crisis. The company, Britain’s second-biggest insurer, had an operating profit for the year [...]
Andy Haste to join Lloyd’s as deputy chair October 31, 2012 AFTER a short break from the world of insurance, RSA’s former chief executive Andy Haste is planning a return to the sector as deputy chairman of Lloyd’s of London. Haste will begin a three-year term at the UK’s insurance and reinsurance market today, stepping in to succeed Dr Andreas Prindl, who is retiring. He bowed [...]
Aviva chief exec gets 9pc pay hike as shares suffer March 21, 2012 AVIVA chief executive Andrew Moss saw his total pay rise by nine per cent in the year to 1 April, despite the insurer’s shares having fallen by more than 20 per cent over the past 12 months. Moss’s (pictured) basic pay rose 3.8 per cent, increasing from £925,000 to £960,000. He then earnt a £1.16m [...]
Ashley’s naked ambition could help him win Sports Direct vote December 13, 2012 A man prepared to offend thousands of hardened Geordie football fans by renaming their place of worship the Sport Direct Arena (now plain old St James’s Park again) won’t be too bothered about entering into a renewed battle with City institutions over executive pay. But more than a handful of other executives will be interested [...]
Quins excitement scares O’Shea with Welsh toppled by Leicester September 2, 2012 HARLEQUINS director of rugby Conor O’Shea admits he has no idea how his side staged such a dramatic comeback to beat London Wasps on Saturday after falling behind by 27 points. “I don’t know how we won that,” said O’Shea after watching his side secure four tries in 10 minutes when five from Wasps had [...]
City Views | Would you buy shares in Direct Line? September 18, 2012 RICHARD MCARTHUR | LLOYDS BANKING GROUP I would have no interest in buying stock shares with Direct Line. The company itself is strong but with the uncertainty in the stock market at the moment, I would not risk it. PAUL HANCOCK | PRUDENTIAL UK I would consider buying shares in Direct Line because it already [...]
City Views | Would you buy shares in Direct Line? September 18, 2012 RICHARD MCARTHUR | LLOYDS BANKING GROUP I would have no interest in buying stock shares with Direct Line. The company itself is strong but with the uncertainty in the stock market at the moment, I would not risk it. PAUL HANCOCK | PRUDENTIAL UK I would consider buying shares in Direct Line because it already [...]
Aviva sees progress on Taiwan sale February 12, 2012 Insurer Aviva said yesterday it was continuing with talks on the sale of its stake in a Taiwan life insurance joint venture, and was making progress. Sources with direct knowledge of the matter had claimed on Friday that the company had put aside for the time being a plan to sell down its stake due [...]
A successful debut for McFarlane will rely on a clear disposal plan August 5, 2012 WHILE most of the UK’s attention was well and truly focused on the Olympics this weekend, shareholders in Aviva and other insurers may also have had one eye on the weather forecast. Analysts are already predicting Aviva’s general insurance profits will drop by as much as five per cent after heavy rain caused damage across [...]