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Cathal McNaughton/Reuters There was no bazooka or "big bang" disposals but Aviva's new chairman, John McFarlane, managed to reassure the City with a radical overhaul of the insurer. The company, which has been without a chief executive since a
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Aviva plc ( AV.L ) is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said, adding to the insurer's list of Asia divisions it is selling as part of a global plan to raise money to protect
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In the past six months the central bank expanded its stimulus measures by 125 billion pounds to try and kick-start economic growth, pushing yields on longer-dated debt to record lows...Must Read Sponsorship Link Like us on Facebook "Deficits that
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Tuesday February 28 2012 UP TO 66,000 people dropped their health insurance cover last year, according to the Health Insurance Authority. It says that over two million people had cover at the end of December...And it added that the average premium
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Aviva, Britain's second-biggest insurer, sold its life insurance operations in the Czech Republic, Hungary and Romania to US rival Metlife as part of a plan to refocus on territories where it makes the most money. The three units account for less
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Sunday January 22 2012 Oliver Tattan, the serial health insurance entrepreneur, has founded a new business to raise debt to finance Europe's mid-size insurers which require 3bn a year annually in new capital. Mr Tattan, a former chief executive of
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It comes on top of increases in the cost for private healthcare operators of using a bed in a public hospital, which were imposed in the Budget. The combination of the two increases could see premiums rising by between 220 and 400 for a family with
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With the countrys health insurance penetration at only about 3%, there is a huge market yet to be tapped. A new entrant in this space is Max Bupa Health Insurance, a joint venture between Analjit Singhs Max and global health insurer Bupa. Damien
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British insurer, yesterday hailed its "strong" capital position, reassuring investors it had minimal exposure to the sovereign debt of stricken Greece, as it unveiled figures that beat analysts' expectations. Britain's largest insurer after
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Aviva will have to pay higher premiums after the company confirmed new price hikes. The move will mean the cost of insuring a family of two adults and two children will rise by €40 a year. The company said the price rises were due to the increase in
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