(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
Posted in Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, deal, Financial, investment, partnership, Singapore, Singlife, Sumitomo, sustainability
(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
Posted in Insurance, Security & Safety, Society, United Kingdom
Tagged Aviva, Bonfire Night, fire damage, Guy Fawkes Day, Guy Fawkes Night, Hazel Johnson, insurance, insurance claims
(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
Posted in Energy, Gas & Oil, Environment, Insurance, Science, Technology, United Kingdom
Tagged Aviva, Blue Carbon, carbon flux tower, carbon storage, Claudine Blamey, Coastal Ecosystem, fighting climate change, Inland, Lancashire, Low marsh, marine ecosystem, mudflat, Ribble Estuary, RSPB, saltmarsh, saltmarsh research, Tidal, Tom Brook, UK saltmarsh habitats, UKCEH, Upper marsh, World Wide Fund for Nature, WWF
(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
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Barry Jessup, bidders, Charlotte Jones, Cllr Ruth Dombey OBE, Dame Cally Palmer, Epsom & St Helier University Hospitals NHS Trust, Gillian Norton, Institute for Cancer Research, London Borough of Sutton, London Cancer Hub Development, partnership, Professor Paul Workman, Royal Marsden NHS Foundation Trust, Socius, sustainability
(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
(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
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged acquisition, Amanda Blanc, Aviva, partnership, Singapore Life Holdings, Sumitomo Life
(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
Posted in Business, Environment, Financial, Industrial, Insurance, Investment, Management, News, Non Profit, United Kingdom
Tagged Aviva, brokers, Future-Fit, Life Moments, partnership, Ryan Birbeck, sustainability, Sustainable Business Coach
(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
Posted in Business, Education, Financial, Industrial, Insurance, Investment, Management, Marketing, Media, News, Technology, United Kingdom
Tagged advertisements, Aviva, Financial Solutions, Guy Edwards, Interactive Puzzle Ads, ITV, Mark Trinder, partnership, Phoebe Barter, virtual puzzle
(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
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Adam Winslow, Amanda Blanc, appointment, Aviva, Aviva Canada, CEO, Jason Storah, leadership, Tracy Garrad
(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
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged 2023 Interim Results, Amanda Blanc, Aviva, Financial, insurance, investment
(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
(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
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, financial advisers, UK
(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
Posted in Banks, Business, Financial, Insurance, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Aviva, Barclays Home Insurance, Owen Morris, partnership, Retail Insurance Business
(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
(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
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Technology, United Kingdom
Tagged ACP, Aviva, Aviva Capital Partners, FHS, Future Homes Standard, John Cummins, Jordan Rosenhaus, logements modulaires, maisons à très faible émission de carbone, maisons modulaires à faible émission de carbone, méthodes de construction modernes, MMC, TopHat
(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
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Technology, United Kingdom
Tagged ACP, Aviva, Aviva Capital Partners, FHS, Future Homes Standard, John Cummins, Jordan Rosenhaus, low carbon modular homes, MMC, Modern Methods of Construction, modular housing, TopHat, ultra-low carbon homes
(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
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, David Fink, Deutsche Bank, Jamie Cole, Jeremy Sowden, Michael Wrobel, pension scheme
(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
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, insurance, UK
(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
(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
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