Tag Archives: Aviva

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

Aviva Life & Pensions UK Ltd completes a £3 million buy-in transaction with the Cruden Investment Limited Retirement Benefits Scheme

(PRESS RELEASE) LONDON, 6-May-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Aviva Life & Pensions UK Ltd completed a £3m buy-in transaction with the Cruden Investment Limited Retirement Benefits Scheme (the Scheme). … Read the full press release

Aviva Life & Pensions UK Ltd conclut une transaction de rachat de 3 millions de livres sterling avec le Cruden Investment Limited Retirement Benefits Scheme

(COMMUNIQUÉ DE PRESSE) LONDON, 6-May-2022 — /EuropaWire/ — Aviva plc (LON : AV), une compagnie d’assurance multinationale britannique, a annoncé qu’Aviva Life & Pensions UK Ltd a conclu une transaction de rachat de 3 millions de livres sterling avec le Cruden … Read the full press release

Die äußerst erfahrene CFO Charlotte Jones tritt Aviva plc als neue CFO des Versicherers bei

(PRESSEMITTEILUNG) LONDON, 4-Apr-2022 — /EuropaWire/ — Das gab Aviva plc (LON: AV), ein britisches multinationales Versicherungsunternehmen, bekannt die Ernennung von Charlotte Jones zum Chief Financial Officer (CFO) und Executive Director mit Wirkung zum 5. September 2022. Charlotte kommt von RSA … Read the full press release

Highly experienced CFO Charlotte Jones joins Aviva plc as the insurer’s new CFO

(PRESS RELEASE) LONDON, 4-Apr-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced the appointment of Charlotte Jones as its Chief Financial Officer (CFO) and Executive Director with effect from 5 September 2022. Charlotte is … Read the full press release

Succession Wealth wird Teil von Aviva: Die Nachfrage nach Finanzberatung über das gesamte Vermögensspektrum hinweg war noch nie so groß

Verbessert die Position von Aviva auf dem schnell wachsenden britischen Vermögensmarkt erheblich Stärkt das Vermögensangebot von Aviva und beschleunigt seine Fähigkeit, einer beträchtlichen Anzahl seiner 6 Millionen Renten- und Sparkunden ohne einen bestehenden Berater eine qualitativ hochwertige Finanzberatung anzubieten Ermöglicht … Read the full press release

Succession Wealth becomes part of Aviva: the demand for financial advice across the entire wealth spectrum has never been greater

Significantly enhances Aviva’s position in the fast-growing UK wealth market Strengthens Aviva’s wealth offering and accelerates its ability to offer high-quality financial advice to a significant number of its 6 million pension and savings customers without an existing adviser Enables … Read the full press release

Aviva Financial Advice (AFA) sustituirá el anterior modelo de referencia con el lanzamiento de un nuevo modelo de asesoramiento para rentas vitalicias

(COMUNICADO DE PRENSA) LONDRES, 24-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), una compañía de seguros multinacional británica, ha anunciado que Aviva Financial Advice (AFA) reemplazará el requisito de referencia anterior. en los casos en que un producto ajeno a … Read the full press release

Aviva Financial Advice (AFA) to replace the previous referral model with the launch of a new advice model for annuities

(PRESS RELEASE) LONDON, 24-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Aviva Financial Advice (AFA) will replace the previous referral requirement in cases where a non-Aviva product provided the best solution for … Read the full press release

Aviva: financial scams promoted by paid-for ads must be included in the Online Safety Bill

One in eight people (13%) have been the victim of a financial scam which related to coronavirus. Of those, two-thirds (66%) said their total debts increased over the last year. Aviva calls on government to include financial scams promoted by paid-for … Read the full press release

Aviva supports the Foundation for Young People’s Mental Health (YPMH) and Cambridge University project focused on depression in young people

75% of people with a mental health problem develop it before the age of 24 Treatments for depression in under-18s are effective in only 60% of cases Depression arises from a complex set of factors LONDON, 11-Oct-2021 — /EuropaWire/ — … Read the full press release

Aviva completes £320m bulk purchase annuity transaction with John Laing Pension Fund, its 2nd buy-in transaction

(PRESS RELEASE) LONDON, 17-Sep-2021 — /EuropaWire/ — Aviva plc, a British multinational insurance company and a member of the FTSE 100 index, has announced the completion of a deal for a £320m bulk purchase annuity transaction with the John Laing … Read the full press release

Aviva research: Brits lose almost £231 billion a year having hard time making the right decision

New research from Aviva reveals that getting divorced/ending a long-term relationship (31%) and buying a new home (29%) are life’s most difficult decisions Brits lose almost £231 billion in a year, on average, due to being indecisive More than a quarter (26%) … Read the full press release

Aviva Fraud Report: consumers have low trust in the internet as a tool for shopping for financial services

More than half of internet users (53%) don’t trust that the adverts on search engines are placed by a legitimate financial services company or provider And more than half (56%) don’t believe that search engines verify the authenticity of the … Read the full press release

Aviva report on the impact of the Covid-19 pandemic on UK workers

Employee life satisfaction has dropped by 10 percentage points since the start of the pandemic almost three in five are neglecting their physical health due to work and half said they don’t know how much to save for retirement. However, … Read the full press release

Aviva’s property and facilities director Stuart Wright awarded the Living Wage Lifetime Achievement Award

Stuart guided Aviva to its accreditation in 2012, and then oversaw the insurer becoming a Principal Partner organisation and joining the Foundation’s Advisory Council in 2014 In 2016, Stuart demonstrated his commitment to the movement by becoming the second Chair … Read the full press release

Aviva completes sale of its entire shareholding in AvivaSA Emeklilik ve Hayat AS

(PRESS RELEASE) LONDON, 6-May-2021 — /EuropaWire/ — British multinational insurance company Aviva plc (“Aviva”) announces completion of sale of its entire 40% shareholding in the Turkish life insurance and pensions joint venture, AvivaSA Emeklilik ve Hayat AS (“AvivaSA”), to Ageas … Read the full press release

Aviva announces the sale of its remaining Life and General Insurance businesses in Italy

(PRESS RELEASE) LONDON, 4-Mar-2021 — /EuropaWire/ — Aviva’s transformation to focus on its strongest businesses continues and thus announces its exit from Italy with the sale of its remaining Italian Life and General Insurance businesses (“Aviva Italy”) for €873m in … Read the full press release

Aviva commits to become a Net Zero carbon emissions company by 2040

Aviva takes on the most demanding target of any major insurance company in the world today (PRESS RELEASE) LONDON, 1-Mar-2021 — /EuropaWire/ — British multinational insurance company Aviva announces its plan to become a Net Zero carbon emissions company by … Read the full press release