Aviva shrugs off Canada losses to impress City
Aviva PLC (LSE:AV.) latest trading up shows healthy sales across the group's target areas, says Jefferies, notably General Insurance premiums, up 15%, Wealth Net Flows up 21%, Protection & Health sales 22%, and Retirement sales 67% including a big chunk of bulk annuities.
Aviva extremely confident after strong quarter for annuity purchases
Aviva PLC (LSE:AV.) has posted its third-quarter results and the main headline seems to be that the life insurer remains confident in achieving its previous guidance.
Aviva, Burberry and UK economic data in focus on packed Thursday
A packed Thursday will bring UK economic data and updates from the likes of Aviva, Burberry, B&M and WH Smith.
Aviva payouts still to be main focus in latest update
Aviva PLC (LSE:AV.) has seen a quiet few months after the wholesale restructuring/disposal of its overseas businesses in the past three years.
Police summon CEO of Aviva India in religion-based discrimination case
Indian police have asked Asit Rath, the chief executive of British insurer Aviva in the country, to join an inquiry into a former employee's accusations of religious discrimination in the workplace, documents seen by Reuters showed.
Aviva is keen to invest in the UK, says CEO
Aviva CEO Amanda Blanc says her company is keen to invest in the U.K. but there needs to be political stability and a government that it is interested in business and growth.
Insurer Aviva secures $2 bln pensions buy-in
British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with Michelin Pension and Life Assurance Plan, adviser XPS said on Wednesday.
Aviva forecasts trimmed by Canada weather impact
Aviva has had forecasts for this year trimmed by specialist financial broker KBW ahead of its third quarter update on 14 November. Due to higher-than-expected weather losses in Canada and lower yields, KBW has cut its 2024 operating profits target by 8% to £1.6 billion and its solvency ratio by 4 percentage points.
Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO
Zilch said Tuesday that it made an operating profit in July 2024, hitting profitability faster than other major consumer fintechs that have also managed to break even. The company also said it topped £100 million ($130 million) in annual revenue run rate, doubling from the run rate it reported last year.
Aviva says India unit 'engaging' with authorities over tax investigation
British insurer Aviva said on Saturday its India unit is "actively engaging" with local authorities in connection with alleged tax evasion practices.
Aviva accused of using fake documents to dodge Indian tax rules
Aviva PLC (LSE:AV.) has been accused of using fake invoices and secretive cash payments to avoid Indian taxes and regulations capping commissions for sales agents.
Exclusive: UK's Aviva conspired to dodge India compensation and tax rules, agency says
An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters.
