Aviva Plc said it is seeing increased demand for private health insurance because of the strains the National Health Service has experienced since the pandemic. The UK insurer said Thursday that health insurance sales rose 14%. “We expect that to …
Lloyd’s of London will hand some staff an extra £1,500 ($1,850) to cover rising living costs as inflation persists into 2023. The insurance exchange told staff Tuesday that those earning less than £75,000 would receive the one-time contribution, according to …
Arcadian Risk Capital Ltd., a Bermuda-based managing general agent (MGA) and part of the “Class of 2020,” announced that it has entered into a direct and facultative (D&F) property binding arrangement with Aviva Insurance Ltd. UK. The multi-year agreement will …
Shares in Direct Line lost more than a quarter of their value on Wednesday after the British motor and home insurer unexpectedly scrapped its 2022 final dividend, with stocks in rivals Admiral and Aviva also falling sharply. Motor insurers performed …
Aviva plans “regular and sustainable” investor payouts, its CEO said on Wednesday, as the British insurer reiterated plans for a share buyback program alongside its 2022 results and posted a rise in nine-month gross written premiums. Aviva, under pressure from …
Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’ business, which will see Aviva providing capacity for over £100 million …
After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the pandemic, Rishi Sunak must have expected the full-throated backing of the financial sector when he made a bid to lead …
UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help them with the cost-of-living crisis. Around 7,000 of Aviva’s lowest-paid employees were told last week they will get a payout …
Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares to the top of the FTSE 100 gainers on Wednesday. Activist investor Cevian Capital, …
UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its high-net-worth personal lines business in the UK and Ireland. Financial details of the transaction, which will be funded …
