Aviva adds £100m Canadian operation to three-country strategy November 27, 2023 Aviva has announced the acquisition of Canadian vehicle replacement insurer Optiom in a deal worth around £100m as it looks to grow its foothold in the country. The London-listed insurance giant said the deal would expand its capital-light businesses, which make up half of its portfolio. It added that the acquisition would “increase its access [...]
Aviva posts 13 per cent rise in nine-month premiums November 16, 2023 This morning Aviva posted a 13 per cent rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.
Aviva ‘immoral’ as row over defence company investment hots up November 6, 2023 Defence secretary Grant Shapps has warned insurance giant Aviva against 'immorally' divesting from defence companies.
Aviva ‘more likely to engage in M&A than be a target’, says analyst October 12, 2023 Aviva is unlikely to be a takeover target, despite reports of a potential deal to buy the firm last week, according to an analyst.
Aviva hammers government push for North Sea oil and gas drilling October 30, 2023 Insurer's chief executive Amanda Blanc fears UK's climate goals are under threat
Aviva picks up rival’s protection business in £460m deal September 25, 2023 Insurance giant Aviva has acquired AIG's UK protection business for just shy of half a billion pounds, the firm confirmed this morning.
Aviva and Lloyds among City firms to back National Wealth Fund investment drive July 22, 2024 The Investment Delivery Forum, founded by seven of the UK’s biggest insurance and long-term saving firms, has pledged to pump billions of pounds into Reeves’ new wealth fund.
Direct Line poaches another Aviva executive as new finance chief as turnaround continues April 10, 2024 Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.
Aviva sells stake in Singapore Life for more than expected as firm continues to simplify March 18, 2024 The sale continues Aviva's attempts to streamline its global operations to focus on its core markets of the UK, Ireland and Canada.
Aviva back into Lloyd’s for first time in two decades after £242m acquisition March 4, 2024 Aviva will re-enter the Lloyd's market after the acquisition of Probitas, with the insurance giant looking to boost its commercial business