Aviva Plc News

Aviva Profits Surge to 2008 Levels; CEO Restores Bonuses

Aviva Plc rallied to its highest in more than five years after profit beat analysts’ estimates and Chief Executive Officer Mark Wilson said he planned to restore bonuses at the U.K.’s second-biggest insurer by market value. Operating income in the …

Aviva Names Blackstone’s Tom Stoddard CFO after Regan Departs

Aviva Plc named Blackstone Group LP Senior Managing Director Tom Stoddard chief financial officer after its previous finance head decided to leave the company. Stoddard, Blackstone’s head of global financial institutions advisory, will become Aviva’s CFO on May 5, the …

Aviva CFO Regan Resigns after Four Years to Join QBE

Aviva plc, the U.K.’s second-biggest insurer by market value, said Chief Financial Officer Pat Regan resigned to take up a similar job at Australia’s QBE Insurance Group Ltd. Regan, who joined Aviva as CFO in February 2010 and sits on …

U.K. Insurers to Invest $41 Billion in Infrastructure

The U.K.’s largest insurance companies will invest £25 billion ($41 billion) in infrastructure, as the government prepares to update its plan for projects from energy and transport to communications. The government will today publish a refreshed version of its National …