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...
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...