Aviva shares fall despite private health boom boosting insurance giant May 24, 2023 Shares in Aviva fell even after it recorded a strong start to the year, with sales rising eleven per cent thanks to a boom in private healthcare. Private healthcare sales grew by a quarter to £33m as more customers were attracted to “the benefits of private cover,” perhaps boosted by Brits looking for alternatives to [...]
CBI exodus: Which firms have quit or suspended their relationship with the lobby group? April 21, 2023 A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.
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 completes £400m bulk annuity deal with Deutsche Bank April 4, 2023 Aviva has completed a £400 million bulk purchase annuity buy-in transaction with the trustees of the Deutsche Bank (UK) Pension Scheme. Aviva will insure the defined benefit pension liabilities for nearly 1,300 members, removing the investmentand longevity risk of these members from the scheme. Aviva said members would experience no change in the amount of [...]
FTSE 100 live: Ocado steams ahead again as analysts warn banks have long road to recovery March 30, 2023 London’s FTSE 100 scaled higher today lifted by middle class favourite and online supermarket Ocado extending its strong rally this week. The capital’s premier index climbed 0.32 per cent to 7,588.65 points, while the domestically-focused mid-cap FTSE 250 index, which is more in tune with the health of the UK economy, bumped 0.73 per cent [...]
Top City firms pledge to hike contributions to employees’ pensions pots amid concerns over looming savings crunch March 21, 2023 A coalition of top City firms today vowed to boost the contributions they make into their employees’ pensions in response to growing concerns about the potential for a looming savings crunch. Aviva, Phoenix and Herbert Smith Freehills all pledged to give pensions contributions equivalent to at least seven per cent of their workers’ salaries in [...]
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 [...]
What do Aviva’s results mean for the insurer’s share price? March 9, 2023 British insurance giant Aviva today set out plans to buy back £300m worth of its own shares from investors, after posting what analysts and the firm itself described as “strong” results for 2022. Aviva’s announcement saw its share price jump by almost four per cent in trading this morning, before settling at a rate almost [...]
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 [...]