Aviva on track to meet financial targets after sales jump five per cent Aviva 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 [...]
Coalition of football clubs file lawsuit against insurers in wake of landmark Axa ruling Insurance A coalition of football clubs have filed a multi-party lawsuit against six major insurers seeking a larger payout for money lost during Covid-19, after the UK’s Supreme Court said businesses are allowed to reclaim losses suffered due to the impacts of the pandemic. A consortium of 20 separate claimants – including Arsenal, Liverpool, and Aston [...]
Aviva chair hits back at shareholders following ‘inappropriate’ comments at AGM Aviva 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, [...]
Aviva chief Amanda Blanc to sit alongside Sir David Attenborough as ambassador for WWF March 31, 2022 Aviva chief executive Amanda Blanc is set to join a group of high-profile environmentalists in becoming an ambassador for nature charity WWF. In taking up her new position, the Aviva chief will sit alongside Sir David Attenborough and other prominent figures on WWF’s Council of Ambassadors. The insurance exec’s new role as ambassador will see [...]
Aviva Investors calls for businesses to increase focus on human rights and biodiversity January 24, 2022 Asset manager Aviva Investors will push firms to increase their focus on biodiversity and human rights as it looks to promote a more rounded approach to corporate sustainability.
Aviva courts shareholders with a buyback boost to £1bn December 16, 2021 Aviva this morning said it will increase and extend the ordinary share buyback programme it announced in August from £750m to £1bn, expected to complete by the end of March next year. It comes after the British insurance giant pledged “at least” £4bn to shareholders by next June after it came under pressure from activist [...]
Pandemic affects retirement plans for over half the nation, says Aviva November 25, 2021 Covid-19 has affected the retirement plans of 54 per cent of UK adults, with people nearing mid-life bearing the brunt of anxiety, according to new research.
After 12 years: PwC likely to be replaced by EY as Aviva auditor November 18, 2021 Aviva has proposed EY as its new auditor from 2024, replacing PwC after 12 years.
Aviva life sales jump to £25bn, boosted by record savings and retirement inflows November 11, 2021 Aviva’s life sales have jumped to £25.3bn in its latest quarter, which has been boosted by “record” inflows in its savings and retirement division, the firm’s boss confirmed today. The insurer secured £7.3bn worth of savings and retirement funds in its third quarter, which CEO Amanda Blanc said signals “excellent” progress in its post-shakeup growth. [...]
Lockdown savings drained as Brits worry about price rises October 13, 2021 Three quarters of UK adults are worried about rising living costs with the sandwich generation of 45-64-year-olds the most anxious. Some 35 per cent feel more anxious about the future compared with before the pandemic, rising to 42 per cent among people aged 45-54. The data comes from Aviva, who said one in five people [...]