Executive pay rises should not outstrip staff salary bumps, Aviva warns February 5, 2023 Aviva Investors has warned company directors that it would be “inappropriate” to award themselves bumper pay rises and urged them to recognise that record high inflation puts far greater pressure on the budgets of their frontline staff. In a letter to the 1,600 firms in which it has stakes, including many in London, the fund [...]
Amanda Blanc on Desert Island Discs: Aviva chief speaks out against misogyny March 12, 2023 Aviva chief executive Amanda Blanc has spoken out on the iconic BBC show Desert Island Discs about the misogyny she experienced as chair of the Welsh Rugby Union and at her FTSE 100 firm’s AGM last year. At the shareholder meeting ast year Blanc said that she was the target of a number of sexist [...]
Aviva, Phoenix among top firms to quit CBI while as sexual misconduct scandal deepens April 21, 2023 A slew of top firms including Aviva and Phoenix have terminated membership of the CBI today after the business lobbying group was hit by new allegations of sexual abuse.
Aviva injects £150m into VC arm as it commits to funding more tech start ups April 17, 2023 Aviva has pumped a fresh £150m into its venture capital arm today as it looks to buck a funding slowdown and invest in firms that will add to its “customer journey”.
Aviva and Hargreaves Lansdown call on regulators to prioritise net-zero October 27, 2022 A group of top finance firms including Hargreaves Lansdown and Aviva Investors have called on financial watchdogs make net-zero a central objective if the UK is to avert the worst economic damage of climate change.
Aviva Investors eyes build-to-rent earnings as it bolsters European team October 3, 2022 Aviva Investors is looking to develop a build-to-rent portfolio in Spain worth €500m (£438m), having recently built out its European real estate investment team. It is the second build-to-rent venture by Aviva Investors and its first in continental Europe, following its partnership with Packaged Living for 195 homes in the West Midlands, UK. The asset manager [...]
Aviva, L&G and Admiral to report next week as long-time insurance boss Sir Nigel Wilson eyes exit August 11, 2023 Investors will need to figure out the impact of new accounting rules next week as three of the country’s biggest insurers report their financial results. It will also be the final set of half-year results for Legal & General boss Sir Nigel Wilson, who is set to depart later in 2023. “Sir Nigel steps down [...]
Aviva is ‘very happy’ with UK’s post-Brexit Solvency II reforms, top exec says January 22, 2023 Aviva is “very happy” with the current state of the UK’s plans to overturn the EU rules that govern the amounts of capital insurers must hold on their balance sheets, one of the firm’s top execs told City A.M. Adam Winslow, the chief executive of Aviva’s UK & Ireland general insurance business, said Aviva is [...]
Aviva launches £300m share buyback scheme after posting 35 per cent surge in profits March 9, 2023 Aviva today vowed to buy back another £300m worth of its owns shares from investors after the insurer outstripped analysts expectations by posting a 35 per cent uptick in its operating profits in 2022. The UK insurance giant today said its operating profits had surged by 35 per cent, to £2.2bn, in what company chief [...]
Aviva vows to launch another share buyback scheme in bid to appease activist investors November 9, 2022 Aviva has vowed to continue returning “surplus capital” to shareholders, through the launch of another share buyback scheme. The British insurer set out plans to start buying back more of its shares from investors, without saying the value of shares it plans to repurchase, as it faces continued pressure from activist shareholders to boost investors’ [...]