Aviva buys RBC's general insurance business for $400mBritish insurer Aviva said it was buying Canadian bank RBC's general insurance arm for C$582 million ($403 million) and had agreed a distribution deal, to diversify its business in Canada. Aviva chief execu More… |
Aviva in $8.8 billion deal to buy UK rivalBritish insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for GBP5.6 billion ($8.8 billion) as British pension reforms put pressure on insurance companies to find new business. Pension p More… |
Aviva rejects $7.8 billion rival RSA bidInsurer RSA's offer to buy rival Aviva's general insurance operations in the UK and elsewhere for 5 billion pounds ($7.8 billion), has been rejected by the Aviva board, and there are no ongoing discussions between the two, Sky News said. More… |
Emirates NBD in strategic alliance with Aviva, NGIEmirates NBD has joined hands with insurers Aviva and National General Insurance (NGI) to offer a wide range of customised long term savings, investments, life insurance and medical protection solutions to Emirates NBD customers. More… |
Saudi's Jadwa eyes $1.1bn Aviva deal with CITSaudi Arabia's Jadwa Investment is looking at US and UK real estate markets and targeting a deal worth 700 million pounds ($1.14 billion) with European property investor CIT, the Financial Times said on Monday. The paper quoted Jadwa c More… |
Aviva freezes withdrawals from property fundBritish insurer Aviva said it had temprarily frozen withdrawals from one of its property funds, blaming the increasing length of time it is taking to sell property assets. The move means that investors in the Norwich Union Unit-Linked Prop More… |