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Articles for Aviva

Aviva’s India officials approved brokerage model queried by taxmen
1 week, 3 days ago

Aviva’s India officials approved brokerage model queried by taxmen

Live Mint  

* Tax woes a major legal challenge for Aviva India * Tax officials accuse it of paying agents excess brokerage * Many top India executives signed off on brokerage system * Aviva says it is co-operating with Indian agency By Aditya Kalra and Nikunj Ohri NEW DELHI, Dec 13 - An Aviva business model that Indian tax officials say was …

India Indian Reuters Icici Aviva This Arrangement Officials Approved
What does the insurance company ‘mega merger’ mean for your bills?
3 weeks, 3 days ago

What does the insurance company ‘mega merger’ mean for your bills?

The Independent  

The City loves a deal. Confused.com, a price comparison website, puts Aviva at number one in home insurance, with 8.7 per cent of the market, while Direct Line comes third at 6.2 per cent. It has Aviva at number two and Direct Line at number three when it comes to motoring cover, with the former on 10.6 per cent and …

Insurance Cost Direct Cent Line Direct Line Home Insurance
Direct Line shares surge after insurer rejects £3.3bn Aviva takeover tilt
3 weeks, 4 days ago

Direct Line shares surge after insurer rejects £3.3bn Aviva takeover tilt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Insurer Direct Line has seen …

Direct Offer Direct Line Line Aviva
Aviva in £3.3bn bid for Direct Line: Takeover battle erupts as insurer rejects rival's 'highly opportunistic' offer
3 weeks, 4 days ago

Aviva in £3.3bn bid for Direct Line: Takeover battle erupts as insurer rejects rival's 'highly opportunistic' offer

Daily Mail  

Aviva has launched an audacious £3.3billion bid to buy troubled rival Direct Line. Swoop: Aviva boss Amanda BlanAviva has launched an audacious £3.3bn bid to buy troubled rival Direct Line But Direct Line branded Aviva’s offer ‘highly opportunistic’ and said it ‘substantially undervalued the company’. Winslow’s strategy to grow customer numbers involves making Direct Line insurance available on price comparison …

Insurance Price Cent Bid Offer Direct Line Aviva
Joe Lewis: Former Tottenham owner moors huge superyacht in Dartmouth, Devon
3 months, 3 weeks ago

Joe Lewis: Former Tottenham owner moors huge superyacht in Dartmouth, Devon

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery The luxury yacht Aviva, belonging to billionaire Joe Lewis, pictured here by Butler's Wharf in London …

Dartmouth Town Lewis Devon Tottenham Yacht Superyacht
Grant Shapps warns Aviva over ethical investment policies on defence
1 year, 1 month ago

Grant Shapps warns Aviva over ethical investment policies on defence

The Telegraph  

Grant Shapps has warned Aviva against any “immoral” withdrawal of backing for defence companies, after a letter it sent to investors triggered a backlash from the Ministry of Defence. Aviva, which manages £221bn of assets including insurance and pension funds, told customers last week it would be selling out of “certain companies that do not meet our Aviva Baseline Exclusion …

Defence Aviva
Activist ups pressure on Aviva boss by increasing stake to almost £1bn
2 years, 11 months ago

Activist ups pressure on Aviva boss by increasing stake to almost £1bn

The Telegraph  

Europe’s largest activist investor has increased its stake in Aviva, piling further pressure on boss Amanda Blanc to hand back more cash to shareholders. Cevian Capital, an Anglo-Swedish investment firm, has upped its holding in Aviva from 5pc to more than 6pc, giving it a stake worth nearly £1bn. The activist first revealed its investment in June and launched a …

Aviva Cevian
Cut EU-era red tape and use pension billions for levelling up, says Aviva
2 years, 11 months ago

Cut EU-era red tape and use pension billions for levelling up, says Aviva

The Telegraph  

The Chancellor should take the opportunity to overhaul EU red tape so insurers can take advantage of Brexit and fund an infrastructure revolution in the regions, the boss of Aviva has said. In her first public comments on reforming the Solvency II rulebook since taking over the FTSE 100 giant, Amanda Blanc, chief executive, said: "The old European solvency rules …

City veteran sounds alarm over exodus of mining firms from the London stock market
3 years, 3 months ago

City veteran sounds alarm over exodus of mining firms from the London stock market

Daily Mail  

A leading fund manager has sounded the alarm over an exodus of mining firms from the London stock market. BHP – one of the largest companies in the UK with a value of £109billion – last month unveiled plans to shift its primary listing to Australia in a move that will see it leave the FTSE 100. Mining giant BHP …

London Bhp Sounds Alarm
Want Guaranteed Monthly Pension after Retirement? Check this Scheme, Other Benefits
3 years, 3 months ago

Want Guaranteed Monthly Pension after Retirement? Check this Scheme, Other Benefits

News 18  

Pension plan provider, Aviva Life Insurance had announced the launch of its new ‘Aviva Saral Pension Plan’. Vinit Kapahi, the Head of Marketing Functions for Aviva Life Insurance said, “In line with IRDAI’s vision to offer standard immediate annuity product with simple features, we have launched Aviva Saral Pension Plan. We understand the need for regular income in the later …

Life Pension Company Plan Scheme Customers This Scheme
Aviva and Persimmon agree to leasehold changes amid watchdog probe
3 years, 6 months ago

Aviva and Persimmon agree to leasehold changes amid watchdog probe

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Competition and Markets Authority said Aviva – which …

Persimmon Cma Chief Executive Aviva Leasehold Leaseholders
Return £5bn to shareholders, Aviva told
3 years, 6 months ago

Return £5bn to shareholders, Aviva told

The Telegraph  

The business sales formed part of Ms Blanc's strategy to sharpen Aviva's focus on Britain, Ireland and Canada after she took charge last July. She said: "I assume the reason for the big difference is that I expect Aviva will pay off their debt maturing next year, where as Cevian have assumed they will just refinance the debt." Cevian also …

Aviva Cevian Ms Zhu Turnaround Plans Ms Blanc