June 6, 2019
Aviva Plc’s new chief executive officer, Maurice Tulloch, kicked off his overhaul of the company with a plan to cut costs and jobs and streamline its U.K. business. Tulloch, who took over in March, said he would reduce Aviva’s expenses …
June 5, 2019
Aviva’s chief financial officer Tom Stoddard will step down at the end of the month, the British insurer said on Wednesday, the second senior executive to leave following the appointment of Maurice Tulloch as chief executive this year. Jason Windsor, …
March 5, 2019
After searching far and wide for a new CEO for the past five months, Aviva Plc is sticking with a familiar face: on Monday, it named a 26-year company veteran as its new boss. More of the same may be …
March 5, 2019
After a five-month search for a new chief executive officer, UK’s Aviva plc has promoted a company veteran, Maurice Tulloch, to the position, effective immediately. Tulloch joined Aviva in 1992 and was most recently chief executive officer International Insurance (January …
February 20, 2019
England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting gun is fired on Brexit. The move, timed for …
February 14, 2019
Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the uncertainty from Brexit was “intensifying” as it joined other insurers and banks triggering contingency plans. Aviva asked Judge Richard Snowden …
November 15, 2018
Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American International Group and Prudential. The International Association of …
October 29, 2018
Boardroom pay is a contentious issue in the U.K., which is hardly surprising when top CEOs earn 145 times more on average than their workers. Shareholders have been slow to call time on the gravy train, probably because the stock-market …
October 10, 2018
British insurer Aviva Plc has parted ways with CEO Mark Wilson, effective immediately, and given itself four months to find a successor. The manner of his sudden departure after almost six years may look harsh, but it’s not hard to …
October 9, 2018
Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for. During his six years in charge, the high-profile 52-year-old New Zealander oversaw one of the …