Latest Aviva France Headlines
All the headlines from our Aviva France Topic Page, ordered by recency.
Aviva States RSA Offer not in Shareholder Interest
Aug 18 2010 // Insurer Aviva PLC said Monday it rejected a £5 billion ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn’t in the best interest of...
RSA Confirms Offer to Buy Aviva’s P/C Operations for $7.83 Billion
Aug 16 2010 // UK insurer RSA has confirmed that it has “put forward a proposal to Aviva to acquire its UK, Canadian and Irish general insurance businesses, excluding RAC and Health (the Target Businesses), for £5 billion...
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Jun 7 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...
Aviva North America Names Guilbert Chief Risk Officer
May 26 2010 // Chicago-based Aviva North America, part of global insurance and annuities company Aviva plc, has appointed Dan Guilbert to the role of chief risk officer (CRO). Most recently, Guilbert served as chief actuary and risk...
Aviva Exec Says Prudential/AIA Deal Creates Opportunities for Rivals
Mar 8 2010 // The proposed $35.5 billion takeover of AIA by Prudential Plc will offer opportunities for rival insurers to increase their market share in Asia, a top official at British insurer Aviva Plc said. “For competitors it...
British Insurer Aviva Purchases Kentucky Firm
Jan 6 2010 // British insurance company Aviva PLC has agreed to buy all the shares in River Road Asset Management of Louisville, Kentucky. Aviva did not say what it is paying for the company, which has gross assets of $6 million and...
UK’s Aviva Posts $1.258 Billion Loss
Mar 6 2009 // The UK’s Aviva PLC, Europe’s biggest provider of life insurance and pension products, booked a net loss for 2008, due to a drop in the value of assets amid the financial crisis, which caused the company’s...
Aegon, Aviva Bolster Risk Hedges, EU Insurers’ Shares Rise
Oct 9 2008 // European insurance shares rose sharply on Thursday, as Dutch insurer Aegon announced steps to boost capital and reduce risk, while British peer Aviva Plc bolstered its hedges against slumping stock markets. Aegon, which...
Rating Roundup: Sedgwick, Penn Treaty (Subsidiaries), Aviva
Oct 9 2008 // Standard & Poor’s Ratings Services has revised its outlook on Sedgwick CMS Holdings Inc. to stable from positive, and has affirmed its ‘B+’ counterparty credit rating on Sedgwick. “The revised...
India’s WNS Buys Insurer Aviva’s Business Process Offshoring Business
Jul 10 2008 // Back-office firm WNS (Holdings) Ltd said it acquired insurer Aviva’s business process offshoring (BPO) business for about $228 million, a deal that will give the company $1 billion worth of outsourced work over a...
Aviva to Reorganize Norwich Union; Up to 1,800 Jobs Targeted
Jun 9 2008 // Aviva PLC, the UK’s largest Insurance group, announced plans on Friday, June 6, to slash up to 1,800 jobs at Norwich Union, its UK general insurance business, by the end of 2010 as part of a structural...
Ratings Recap: Channel Re, Bluewater, Flagstone Re, Casiopea Re, Aviva
Jun 5 2008 // Standard & Poor’s Ratings Services has lowered its financial strength rating on Channel Reinsurance Ltd. to ‘AA’ from ‘AAA’, removed the rating from CreditWatch with negative implications...
Aviva to Unite Business under Global Brand Name
May 2 2008 // With the announcement on Tuesday, April 29, that it intends to unite all of its businesses under the name Aviva, the UK’s largest insurer turned the page on one of the oldest names in the country’s insurance...
Ratings Recap: Green Valley (Swiss Re), Aviva Canada, CSOB Pojistovna, Harbor Point Re, Hiscox
Dec 27 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green...
Aviva Expects A.M. Best Ratings Upgrade to Help U.S. Sales
Oct 11 2007 // Insurance and pension provider Aviva USA said a ratings upgrade by A.M Best on Tuesday, Oct. 9th will help it grow its business in the United States. Des Moines-based Aviva USA, the U.S. unit of London-based Aviva PLC,...
Aviva USA Selects West Des Moines for New U.S. Heaquarters
Aug 31 2007 // Insurance and pension provider Aviva USA plans to build its new national headquarters in West Des Moines, Iowa, a project that will result in an investment of up to $150 million and 400 jobs, the company’s CEO said...
Aviva’s First Half Global Sales up 25% to $38.8 Billion
Aug 13 2007 // Aviva, the UK’s largest insurer, also reported some of the largest growth figures for the first half of 2007, with “worldwide sales” up 25 percent to £19.294 billion ($38.816 billion). Other earnings...
Aviva, R&SA Assess UK Flood Costs
Jul 6 2007 // The UK’s two largest insurers, Aviva plc and Royal & SunAlliance Insurance Group plc, have both issued preliminary estimates of how the claims from the recent floods (See IJ web site June 27, 29 and July 2)...
Aviva Launches Direct Auto in Poland
May 17 2007 // The UK’s Aviva Group announced that its Polish operation, Commercial Union Poland, will enter the country’s direct motor insurance market. Aviva noted that the “burgeoning growth in car ownership and the...
HSBC, Aviva/Norwich Union to Create New UK General Insurer
May 11 2007 // HSBC Bank plc and Norwich Union Insurance, the U.K. operating company of the Aviva Group, announced plans to create a joint-venture general insurance company to underwrite and distribute products to HSBC’s 10.2...
