Business charm offensive: Reeves discusses investment plans at meeting with Lloyds, Aviva, L&G and British Land March 14, 2023 Labour’s business charm offensive is continuing as shadow chancellor Rachel Reeves is set to discuss plans to boost investment. Keir Starmer’s Labour has positioned itself as the ‘party of business’ as it aims to exploit the Conservatives’ reputational hit following the economic chaos of Liz Truss’s calamitous mini-budget. Reeves will discuss plans to boost business [...]
UK insurance: shares in Aviva and Admiral shrug off Bank of England’s warnings of a ‘prolonged’ recession in the sector January 10, 2023 The UK’s insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes, the Bank of England (BoE) has said in a letter to sector CEOs. In a letter to insurance chief executives, the BoE’s insurance watchdog warned that various risks might stem from the downturn as it called [...]
Pub firm Fuller’s sues insurance giants Aviva and Liberty Mutual in fight over ‘business interruption’ claim February 9, 2023 Fuller’s pubs has filed a lawsuit against insurance giants Aviva and Liberty Mutual in a dispute over a “business interruption” claim. Fuller Smith & Turner confirmed to City A.M. it is suing the two insurers “in relation to a claim under our business interruption insurance” but refused to comment further. Fuller’s filed its claim against Liberty [...]
December’s deep freeze: Cost of living crisis leaves Aviva with a £50m bill for burst pipes and water tanks January 25, 2023 Aviva said last December’s freezing weather meant it had to pay out £50m to policyholders claiming for damage caused by burst pipes and water tanks. An Aviva spokesperson told City A.M. said soaring energy costs had led to more frozen pipes because households were more reluctance to turn on the heating, leading to more extremes [...]
Aviva chair hits back at shareholders following ‘inappropriate’ comments at AGM May 11, 2022 The chair of Aviva has said he was left “flabbergasted” by a barrage of “inappropriate” comments targeted towards female board members at Aviva’s annual general meeting (AGM) this week. The Aviva chair hit out at shareholders, after investors subjected female company executives, including Aviva chief Amanda Blanc, to a barrage of sexist comments on Monday, [...]
The City View: Aviva CEO calls out City sexism, and recession likely May 11, 2022 Today Andy Silvester talks to City A.M. reporters Leah Montebello and Jack Barnett. Jack takes us through a prediction by the National Institute of Economic and Social Research of a technical recession at the end of the year, and talks inflation worries; and Leah discusses ITV’s new streaming service, and Channel 4’s partnership with YouTube. [...]
Aviva’s treasure trove: Insurance giant reveals quirkiest claims in its 325-year history October 11, 2021 A husband accidentally cooking his wife’s jewellery, a publican who hurt his leg while ejecting a drunken customer and an elephant squeezed into a van are among the most unusual claims that Aviva has ever dealt with. The insurance giant has trawled through its archives to unearth a “treasure trove” of claims dating back centuries, [...]
Lions to host Pumas as touring side head to Ireland for first time December 7, 2023 The clash at the Aviva Stadium in Dublin will be the Lions' first fixture in Ireland.
Aviva on track to meet financial targets after sales jump five per cent May 18, 2022 British insurance giant Aviva today said it is on track to meet its financial targets after its sales increased by 5 per cent to £2bn, on the back of strong trading in the UK and Canada. The London insurer said it had brought in an extra 100,000 UK customers over the previous year brining its [...]
Aviva and Allianz partner on £500m City office and retail development February 28, 2022 Aviva Investors and Allianz Real Estate have entered a partnership for a massive ongoing development in the heart of the City of London. The joint venture, 1 Liverpool Street and 101 Moorgate with a gross development value of around £500m, are central to the Crossrail development site in the Square Mile. “London is one of the [...]