WHY PARTNERSHIP IS KEY TO SECURING FINANCIAL FUTURE January 23, 2012 GROUP CHIEF EXECUTIVE, AVIVA LOOKING ahead to Davos, I know it will be a stimulating (and demanding) few days. As the chief executive of an international insurance company I am particularly conscious of the concerns and anxieties our customers have and the difficulties they face in these challenging times. At Aviva we’re here to provide [...]
Cameron calls on insurers to cut premiums February 13, 2012 DAVID Cameron will today announce plans to reduce insurance premiums by cutting red tape, reducing legal bills and tackling the high number of spurious claims. Proposals include a plan to reduce the number of whiplash claims by enforcing a higher evidence threshold for injuries and cutting the £1,200 fee that lawyers can earn for small [...]
Cameron calls on insurers to cut premiums February 13, 2012 DAVID Cameron will today announce plans to reduce insurance premiums by cutting red tape, reducing legal bills and tackling the high number of spurious claims. Proposals include a plan to reduce the number of whiplash claims by enforcing a higher evidence threshold for injuries and cutting the £1,200 fee that lawyers can earn for small [...]
CITY VIEWS: HOW MUCH OF YOUR CHRISTMAS SHOPPING DID YOU DO ONLINE? January 19, 2012 GAURANG MELATA | AVIVA “I always buy online. It’s flexible, you cut out the middleman and you don’t have to try on things in store and then queue to pay for them.” NOEL PATTERSON | PATTERSON & JAMES CONSULTING “I shopped mainly on Amazon this year. There are no drawbacks to shopping online. You have [...]
Aviva nears RAC disposal June 21, 2011 INSURANCE giant Aviva is close to selling the RAC, the roadside rescue business it owns. Two private equity firms are in the final stages of bidding for the company, Sky News reported last night. Three buyout firms had put up final offers several days ago, including BC Partners, Carlyle Group and Clayton Dubilier & Rice. [...]
CITY MOVES | WHO’S SWITCHING JOBS March 8, 2012 AFC Energy The developer of low-cost alkaline fuel cell technology has announced the appointment of Sir John Sunderland as non-executive director of the company. Sunderland has spent 40 years in leadership roles, best known as the former chief executive and later as chairman of Cadbury Schweppes. Currently Sunderland is a non-executive director of Barclays Bank, [...]
Budget week will see Italy, inflation and retail in focus March 18, 2012 TODAY I anticipate a quiet start to the week, with a lack of economic announcements from the UK and the US. All eyes are likely to focus on the Eurozone as we get further indication of the health of one of its largest economies. Italy reports industrial order and sales numbers at 9am for January. [...]
US announcements will top and tail the week March 11, 2012 TODAY With no major economic or corporate announcements in the UK, one would assume that trading will be fairly quiet. But the market has plenty to digest from the tail end of the previous week. Non-farm payroll and unemployment numbers are likely to dictate trading activity across most asset classes for a couple of days. [...]
FTSE buoyed by miners and banks March 8, 2012 The FTSE 100 pushed higher this morning as investors gained confidence in Greece’s chances of completing a lifesaving bond swap later today. Major banks and pension funds, representing about 40 per cent of Greece’s outstanding debt, threw their weight behind Athens’ bond swap offer to private creditors yesterday. That should be eno€130bn fund for Greece [...]
AVIVA CONFIRMS MCFARLANE AS CHAIR June 15, 2011 INSURANCE group Aviva yesterday named former Australian bank chief John McFarlane as its next chairman, replacing Lord Colin Sharman who retires at the age of 70. Scottish-born McFarlane spent 20 years in senior City positions before moving to Australia to head up the Australia and New Zealand Banking Group (ANZ) for a decade until 2007.