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...
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line December 6, 2024 By Pamela Barbaglia, Dinesh Nair, Aaron Kirchfeld and Leonard Kehnscherper Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a...
UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion December 5, 2024 Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after...
Markets/Coverages: Aviva’s Lloyd’s Insurer Probitas Launches 5 New Lines of Business November 13, 2024 Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art...
Bain-Backed Motor Insurer Esure Draws Interest from Aviva, Allianz November 1, 2024 By Pamela Barbaglia and Sonia Sirletti Aviva Plc and Allianz SE are among potential bidders for Britain’s home and motor insurance firm Esure Group Plc, according...
Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations October 30, 2024 By Arpan Chaturvedi and Aditya Kalra Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an...
Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva October 23, 2024 Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement...
Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation September 4, 2024 By Aditya Kalra British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax...
UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says August 30, 2024 By Aditya Kalra and Nikunj Ohri An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a...