Tag Archives: Aviva

Aviva Introduces Shariah Lifestyle Investment Strategy to Expand Pension Options

(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release

Aviva Expands Supported Internship Programme for Young Adults with Autism, Offering Work Opportunities in Norwich

(IN BRIEF) Aviva has opened applications for the second year of its Supported Internship Programme, offering young adults with autism valuable work experience at its Norwich offices. The programme, a collaboration between Aviva, DFN Project SEARCH, The Wherry School, Norfolk … Read the full press release

Aviva Leaders Recognized in 2024 HERoes Role Model Lists for Championing Gender Diversity and Inclusion

(IN BRIEF) Aviva has announced that three of its leaders—Danny Harmer (Chief People Officer), Suzie Nolan (Head of Property, Aviva Ireland), and Anna Dilku (Senior Creative Content Manager)—have been recognized in the 2024 HERoes Role Model Lists for championing gender … Read the full press release

Aviva Introduces Junior ISA with 0% Platform Charge

(IN BRIEF) Aviva is launching a new Junior ISA (JISA) portfolio with a 0% platform charge, aimed at encouraging young investors to maximize their tax-efficient savings. This fully integrated JISA will be available later this summer to both new and … Read the full press release

Aviva Enhances Risk Management Capabilities with Cutting-Edge Software

(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release

Aviva Completes £130 Million Deal to Secure Telereal Pension Plan Benefits

(IN BRIEF) Aviva has successfully finalized a £130 million bulk purchase annuity full scheme buy-in with the Trustee of the Telereal Pension Plan, sponsored by Telereal Services Limited. This move will see Aviva insuring defined benefit liabilities for approximately 500 … Read the full press release

Aviva Launches Aviva Clarity to Support Small Scheme De-Risking

(IN BRIEF) Aviva has introduced Aviva Clarity, a streamlined Bulk Purchase Annuity (BPA) service aimed at facilitating market access for smaller pension schemes with assets typically under £100 million. This service underscores Aviva’s commitment to aiding schemes in their de-risking … Read the full press release

Aviva Joins Partnership to Finance 250 Zero Emission Buses Across UK

(IN BRIEF) Rock Rail, the UK Infrastructure Bank, and Aviva Capital Partners have collaborated to establish a funding platform for zero emission bus financier, ‘Rock Road,’ committing an initial £100 million to fund up to 250 zero emission buses and … Read the full press release

Aviva Partners with Joe Wicks and Strava to Encourage Nationwide Wellbeing Revolution

(IN BRIEF) Aviva collaborates with fitness icon Joe Wicks and Strava to launch the #MoveWithAviva challenge, aiming to inspire individuals across the nation to prioritize their health and wellness. In response to findings revealing common barriers to exercise, such as … Read the full press release

Aviva Advises Pet Owners: Check Your Home Insurance Coverage!

(IN BRIEF) Aviva highlights the importance of appropriate home insurance coverage for pet owners as internal data reveals a surge in pet-related home insurance claims over the past five years. Dogs and cats have been responsible for nearly 6,000 claims, … Read the full press release

Aviva, Darwin, and University of Salford Expand UK’s Longest-Running Self-Driving Shuttle Service

(IN BRIEF) Aviva and Darwin Innovation Group, in collaboration with the University of Salford, have expanded the UK’s longest-running self-driving passenger service by adding a second autonomous shuttle to the fleet. Operating at Harwell Science and Innovation Campus, the shuttles … Read the full press release

Aviva Unveils Insights into Women’s Investment Habits and Launches Tailored Guidance with ‘NextDefense’

(IN BRIEF) Aviva has released findings shedding light on women’s investment behaviors, revealing that while most women engage in regular saving and investing, many still face barriers to investment. The study indicates that women tend to prioritize easy access to … Read the full press release

What’s new in cancer care across Europe in early 2024 (1 Jan – 5 Mar 2024): Advancements, Innovations, Research, Awareness

(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release

Aviva Expands Reach with £242 Million Acquisition of Probitas Holdings

(IN BRIEF) Aviva plc has announced the acquisition of Probitas Holdings for £242 million, marking a significant step in its strategy to bolster profitable growth. This acquisition grants Aviva entry into the Lloyd’s market, providing access to substantial premium volumes, … Read the full press release

Aviva Research Highlights Need for Greater Awareness of Healthy Lifestyles and Cancer Prevention

(IN BRIEF) New research by Aviva reveals that there is still a need to raise awareness about the importance of leading a healthy lifestyle in cancer prevention. Over half of those surveyed hope cancer won’t happen to them, and 20% … Read the full press release

Brits Plan Holidays in Advance as January Sees Surge in Travel Bookings

(IN BRIEF) According to research by Aviva, 19% of Brits are preparing to book or search for their next holiday 4-5 months in advance, with 26% planning 2-3 months ahead, indicating that January is a popular time for travel planning. … Read the full press release

Aviva Completes £140 Million Bulk Annuity Deal to Secure Member Benefits

(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release

Aviva Expects £80 Million Boost in Singlife Sale Proceeds Due to Sumitomo Deal

(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release

Aviva Data Reveals Spike in Fire-Related Claims During November Celebrations

(IN BRIEF) Aviva is warning the public to exercise caution during Bonfire Night celebrations after a significant increase in claims for fire-related damage in November. The insurer’s data shows a 300%i rise in claims compared to October of last year. … Read the full press release

Pioneering Carbon Flux Tower to Unlock UK Saltmarshes’ Climate Mitigation Role: Aviva and WWF Investigate Carbon Storage and Coastal Restoration

(IN BRIEF) Aviva and WWF have launched a pioneering research project aimed at harnessing the potential of UK saltmarsh habitats to combat climate change by capturing carbon emissions. A carbon flux tower will be installed in the Ribble Estuary, Lancashire, … Read the full press release

Aviva and Socius Chosen as Preferred Bidders for London Cancer Hub Development

(IN BRIEF) Aviva and mixed-use developer Socius have been selected as the preferred bidders for the advancement of the London Cancer Hub (LCH), a world-leading district dedicated to cancer research and treatment in Sutton, London. The partnership will collaborate with … Read the full press release

Aviva Ireland’s Suzie Nolan and Danny Harmer: Leading the Way in Gender Diversity

(IN BRIEF) Aviva Ireland’s Head of Property, Suzie Nolan, and Chief People Officer, Danny Harmer, have been recognized on this year’s HERoes Role Model Lists. Suzie is a Future Leader and a diversity advocate, while Danny has made the Women … Read the full press release

Aviva Sells Stake in Singapore Life Holdings to Sumitomo Life for £0.8 Billion

(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release

Aviva Launches Sustainable Business Coach to Help Brokers Embrace Sustainability

(IN BRIEF) Aviva has introduced the Sustainable Business Coach, a digital tool aimed at assisting brokers in understanding their businesses’ environmental and societal impact. Developed in collaboration with non-profit organization Future-Fit and digital coaching firm Life Moments, the tool guides … Read the full press release

Aviva Partners with ITV to Launch Interactive Puzzle Ads for Financial Solutions

(IN BRIEF) Aviva has collaborated with ITV to introduce a series of interactive ‘virtual puzzle’ advertisements aimed at illustrating how the insurance, wealth, and retirement company is addressing the financial challenges faced by individuals in the UK. The co-branded ads, … Read the full press release

Aviva Announces Leadership Changes: CEO Transition at Aviva Canada and New Role for Current CEO

(IN BRIEF) Jason, the current CEO of Aviva Canada, will be taking on a new role within the company. He has led Aviva Canada for four years, overseeing substantial growth and becoming a prominent player in the Canadian insurance market. … Read the full press release

Aviva Reports Robust 2023 Interim Results, Surpasses Targets, and Boosts Dividend

(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release

Aviva Leads Sustainability Efforts by Underwriting Engineered Timber in Commercial Buildings

(IN BRIEF) Aviva, one of the largest insurers in the UK, is expanding its underwriting appetite to include engineered timber in commercial developments as part of its sustainability commitments. The company aims to support the construction and real estate sectors … Read the full press release

Aviva Research Shows UK Financial Advisers Prepared for Consumer Duty, But Challenges Remain Ahead of Deadline

(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release

Aviva Strengthens Retail Insurance Business with Acquisition of Barclays Home Insurance Portfolio

(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release

Aviva Secures £120m Full Scheme Buy-in, Ensuring Member Benefits and Stabilizing NTL 1999 Pension Scheme Funding

(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release

TopHat va ouvrir la plus grande usine de logements modulaires d’Europe avec un investissement de 20 millions de livres sterling d’Aviva Capital Partners

(ACTUALITÉ EN BREF) Aviva Capital Partners (ACP) investit 20 millions de livres sterling dans TopHat, une entreprise qui fabrique des maisons modulaires à faible émission de carbone en utilisant des méthodes de construction modernes (MMC). Le financement par actions soutiendra … Read the full press release

TopHat to open Europe’s largest modular housing factory with £20m investment from Aviva Capital Partners

(IN BRIEF) Aviva Capital Partners (ACP) is investing £20 million into TopHat, a business that manufactures low carbon modular homes using Modern Methods of Construction (MMC). The equity funding will support TopHat’s new factory in Corby, capable of manufacturing 4,000 … Read the full press release

Aviva insures £400m in pension liabilities for DB (UK) Pension Scheme

(IN BRIEF) Aviva has completed a £400 million bulk purchase annuity buy-in transaction with the trustees of the DB (UK) Pension Scheme, which will insure the defined benefit pension liabilities for almost 1,300 members, removing the investment and longevity risk … Read the full press release

Majority of Advisers Expect Significant Changes to Processes for Compliance with Consumer Duty, Says Aviva

(IN BRIEF) A new survey by Aviva has found that over 80% of advisers in the UK believe that the upcoming Consumer Duty regulation feels like a rebranded version of TCF (Treating Customers Fairly). However, the Consumer Duty ranks low … Read the full press release

Aviva Reports 98.3% Claims Paid Rate in Individual Protection Policies

(IN BRIEF) Aviva has paid out more than £1bn ($1.39bn) across life insurance, critical illness, income protection, and other individual protection policies, exceeding £2.9m being paid out every single day in 2022. The claims paid rate of 98.3% across all … Read the full press release

Aviva leads the way in meeting new Living Pension savings target

(IN BRIEF) The Living Wage Foundation has introduced the Living Pension, a voluntary pension savings target for employers who have achieved Living Wage accreditation. Aviva is among the first UK employers to be awarded the Living Pension accreditation. The pension … Read the full press release

Aviva and Stories partner to invest in UK real estate for community facilities and affordable housing

(IN BRIEF) Insurance company Aviva has partnered with property developer Stories to invest £100m in UK real estate and infrastructure projects. The venture will mark the first funding commitment from Aviva Capital Partners, Aviva’s new in-house capital unit which develops … Read the full press release

Aviva sostiene Woodland Trust con una donazione di 10 milioni di sterline per finanziare progetti di rimozione del carbonio e biodiversità

(NOTIZIA IN BREVE) Aviva, una delle principali compagnie assicurative del Regno Unito, ha donato 10 milioni di sterline al Woodland Trust per sostenere il loro Woodland Carbon Scheme. La donazione finanzierà una serie di progetti in una varietà di siti … Read the full press release

Aviva supports Woodland Trust with £10 million donation to fund carbon removal and biodiversity projects

(IN BRIEF) Aviva, one of the UK’s leading insurance companies, has donated £10 million to the Woodland Trust to support their Woodland Carbon Scheme. The donation will fund a number of projects at a variety of Woodland Trust sites, including … Read the full press release