News Source: The Scotsman
| 7 months ago
S largest insurance company eased market fears of a capital crisis in the sector yesterday as it revealed it had boosted its balance sheet by £500 million in the first quarter. Norwich Union owner Aviva posted solid sales for the three months to...
News Source: The Boston Globe
| 7 months ago
Aviva PLC said Monday that sales rose 11 percent in the first quarter, and that margins remained in line with 2008 results. Aviva said life and pension sales for the period were 9.6 billion pounds ($14 billion), compared to 8.6 billion pounds in the...
News Source: Uinta County News
| 7 months ago
Aviva will ditch its UK trading name Norwich Union this summer Aviva continues business simplification drive Insurer focuses on systems consolidation and outsourcing strategy Written by Angelica Mari Insurance group Aviva's business simplification...
News Source: The Scotsman
| 7 months ago
Aviva today said its global sales were on the up as savers turn to "companies they trust" in the financial crisis. The firm said worldwide sales increased by five per cent in the three months to the end of March 2009 to £10.3 billion, with life...
News Source: Times Online
| 7 months ago
Aviva, the world's fifth biggest insurer, said that it had boosted its capital cushion by £500 million to £2.5 billion in the first three months of 2009 as it opted for a conservative approach during the economic downturn. A decision to offer...
News Source: Androscoggin News
| 7 months ago
As a result of increased hedging, the group said its capital surplus will drop by £200m if equity markets fall 40pc...Andrew Moss, Aviva's chief executive, said: "Sales are resilient and we've taken action to improve margins in key markets. It is...