Update: Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review May 14, 2025 By Peter Chapman Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc...
Ageas to Buy UK Insurance Platform Esure for $1.7 Billion April 14, 2025 By Mateusz Rabiega and Amy-Jo Crowley Ageas has agreed to buy British car and home insurer esure from Bain Capital for 1.3 billion pounds ($1.7 billion)...
UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds April 4, 2025 By Nell Mackenzie Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK...
UK’s Aviva Beats Profit Estimates on Double-Digit Growth in General Insurance Premiums February 27, 2025 By Shashwat Awasthi and Yadarisa Shabong British insurer Aviva beat annual profit expectations on double-digit growth in its general insurance premiums in 2024, and said its...
Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows February 17, 2025 By Aditya Kalra and Nikunj Ohri Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an...
UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal December 31, 2024 British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7...
Young Drivers Warned That Policy ‘Fronting” Is Fraud December 27, 2024 One in six (17%) young drivers admit to being on a ‘fronted’ policy, which is illegal, according to research by...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion December 23, 2024 By Aaron Kirchfeld Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that...
Aviva’s India Officials Approved Brokerage Model Queried by Taxmen December 13, 2024 By Aditya Kalra and Nikunj Ohri An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...