Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.
Aviva: Costs down, profits up, and a private healthcare boom as Britain gives up on the NHS March 7, 2024 Insurance giant Aviva has posted a rise in annual profits as it rewards shareholders with a £300m buyback and upgraded dividend guidance.
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
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.
Aviva chief Amanda Blanc tells MPs of ‘appalling’ reports of misogyny in financial sector December 14, 2023 Chief executive of insurance giant Aviva Amanda Blanc has told the Treasury Committee she has heard from "hundreds" of women who have faced misogny while working in the financial sector, as MPs investigate sexism in the Square Mile.
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 [...]
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
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.