July 12, 2021
Eight of the world’s leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition to a net zero emissions economy. The companies, which include Europe’s top three insurers by premiums – Allianz, AXA and …
June 9, 2021
Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer’s top three holders. Christer Gardell, managing partner at Cevian, said the Stockholm-based investor now holds 4.95% of Aviva after purchasing almost 195 …
May 20, 2021
Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain’s economy. “During this period of economic uncertainty, it has become increasingly …
May 17, 2021
Fourteen months after coronavirus confined the world’s office-workers to their homes, companies are embarking on another great experiment — how to get their teams back together, in-person, at least some of the time. It’s a task that is briefly uniting …
March 26, 2021
Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion). The deal values London-based Aviva’s Polish business at 2.7 billion euros, according to a statement from Aviva Friday. It’s subject …
March 25, 2021
MILAN – Italian insurer Generali has nudged up its bid for Aviva’s Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources familiar with the matter …
March 5, 2021
Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office footprint. The firm started looking for new offices in the financial district early last year, but shelved its plans once …
March 4, 2021
Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to pivot to its core markets. CNP Assurances and Allianz SE bought the London-based firm’s Italian life …
March 1, 2021
British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this was the most demanding target set by any major insurer worldwide. Following the 2015 Paris Agreement on climate change, many …
February 25, 2021
LONDON – Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key distribution agreement in Poland, sources …