Top investors call on government to boost female climate fight as Cop27 begins November 7, 2022 A group of top investors including Aviva and Legal & General Investment Management have called on governments to ramp up climate action today by enshrining the role of women within the fight against climate change.
Britannia Hotels sues Aviva for £6.25m over Aberdeen fire losses October 23, 2022 Britannia Hotels has filed a £6.25m lawsuit against its insurer, Aviva, over claims it is owed millions as a result of the London insurance firm’s refusal to pay out on a claim for losses caused by a fire at its Aberdeen hotel. The hotel group has filed a High Court lawsuit against Britain’s largest insurer [...]
London’s FTSE 100 pulled down by pension managers after more BoE bond support October 11, 2022 London’s FTSE 100 today was pulled down by the UK’s largest money managers dropping after the Bank of England stepped up its support for the bond market again. The capital’s premier index dropped 1.06 per cent to 6,885.23 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
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 [...]
Socially conscious insurer Lemonade makes first entry into UK market October 3, 2022 New York insuretech company Lemonade Inc today launched in the UK market with a view to disrupting Britain’s centuries-old insurance sector with its socially-conscious, AI-driven business model. The digital insurer aims to break the “cycle of distrust that plagues the insurance industry” with its pledge to cap its margins at 25 per cent by donating [...]
Economic headwinds risk leaving UK’s small businesses underinsured September 29, 2022 The headwinds facing the UK economy risk leaving small businesses underinsured, Aviva has warned. Inflation, supply chain disruption, and labour shortages could leave UK small and medium enterprises (SMEs) at risk of facing huge bills, if the insurance policies they have fail to cover the actual costs repairing buildings or replacing assets, the insurance giant [...]
City Moves: Who’s switching jobs in the Square Mile? September 7, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Lombard Odier Investment Managers Lombard Odier Investment Managers has built out its UK wholesale team with a fresh sales director. George Guest, who stepped into the London-based role at the end August, will be responsible for promoting [...]
Aviva hikes dividend and assures £400m takeover nearly over August 10, 2022 Insurance giant Aviva has sought to soothe investor concerns today, confirming that the nearly £400m takeover of Succession Wealth will be completed later this year. The deal is expected to be wrap up in the second half. While its interim dividend for this year has jumped 40 per cent to 10.3p per share – up [...]
Aviva looks to settle investor nerves after share price slide August 8, 2022 Aviva shareholders are braced to see whether the insurance giant can regain some momentum this week after its share price has stalled in recent months to trade no higher than 30 years ago.
Aviva chief Amanda Blanc joins BP as non-executive director August 2, 2022 British energy major BP today said it has recruited Aviva chief executive and insurance sector veteran Amanda Blanc to sit on its board of directors. The appointment is set to see Blanc sit on BP’s board as a non-executive director, whilst continuing in her current job as chief executive of British insurance giant Aviva. In [...]