Aviva News

Best Affirms Aviva’s Ratings; Places them on Review/Negative

Following its announcements, made earlier this week, A.M. Best Europe – Rating Services Limited is continuing to take rating actions on a number of European (re)insurers, as a result of the continued negative developments regarding the euro zone sovereign debt …

S&P Puts Allianz, Aviva, AXA, Generali, Mapfre Units, 10 Other EU Insurers on CreditWatch/Negative

Standard & Poor’s Ratings announced that it has placed its ratings on the following insurers (and certain related operating subsidiaries and certain holding companies) on CreditWatch with negative implications: • Allianz Group (including the Euler Hermes group) • Aviva Group …

Aviva’s Accident Recovery Sale to Carlyle Won’t Change Ratings Says S&P

Standard & Poor’s Ratings Services said that the ratings on the U.K.-based Aviva Group (core operating entities rated AA-/Stable) are unchanged by its agreed sale of breakdown recovery firm RAC to The Carlyle Group for £1 billion [$1.597 billion] S&P …

Aviva Hires Friends Provident ex-CEO Matthews for UK Unit

British insurer Aviva Plc on Thursday named highly-regarded industry veteran Trevor Matthews as head of its UK division, replacing Mark Hodges, who resigned unexpectedly. Australian-born Matthews, a former head of rival insurer Friends Provident who previously ran Standard Life’s UK …

Ratings Roundup: Aviva/Delta Lloyd, Montana Re (cat bonds), Montpelier Re (notes), Arab Orient

A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary companies remain unchanged as a result of Aviva’s announcement to sell a portion of its holding in the Netherlands-based Delta …

S&P Revises Outlook on UK’s Aviva: Ratings Affirmed

Standard & Poor’s Ratings Services has revised its outlook on Aviva PLC, the holding company of the U.K.-based global multiline insurance group Aviva, and the majority of its operating entities, to stable from negative. S&P also affirmed its ‘A’ long-term …