UK watchdog clears £3.7 billion Aviva-Direct Line deal The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer. Business • 01 Jul
UK watchdog clears £3.7 billion Aviva-Direct Line deal The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer. Business • 01 Jul
Aviva to complete takeover of Direct Line in July Insurer Aviva has said its £3.7 billion takeover of rival Direct Line is set to complete next month after "constructive" talks with the competition watchdog. Business • 17 Jun
Aviva to complete takeover of Direct Line in July Insurer Aviva has said its £3.7 billion takeover of rival Direct Line is set to complete next month after "constructive" talks with the competition watchdog. Business • 17 Jun
Aviva reports 9% rise in Q1 general insurance premiums Insurer Aviva's general premiums rose by 9% in the first quarter, it reported today, saying its deal to buy the Probitas platform and new business had driven growth in personal and commercial lines in Britain. Business • 15 May
Aviva reports 9% rise in Q1 general insurance premiums Insurer Aviva's general premiums rose by 9% in the first quarter, it reported today, saying its deal to buy the Probitas platform and new business had driven growth in personal and commercial lines in Britain. Business • 15 May
Aviva's Direct Line deal faces UK competition probe Aviva's bid to become Britain's largest home and motor insurer via a £3.7 billion takeover of smaller rival Direct Line suffered a potential snag today, after Britain's antitrust watchdog said it would review the deal. Business • 14 May
Aviva's Direct Line deal faces UK competition probe Aviva's bid to become Britain's largest home and motor insurer via a £3.7 billion takeover of smaller rival Direct Line suffered a potential snag today, after Britain's antitrust watchdog said it would review the deal. Business • 14 May
Aviva Ireland's operating profit for 2024 stable at €73m Aviva Ireland has reported a general insurance operating profit of €73m for last year, up marginally on the €72m reported in 2023. Business • 27 Feb
Aviva Ireland's operating profit for 2024 stable at €73m Aviva Ireland has reported a general insurance operating profit of €73m for last year, up marginally on the €72m reported in 2023. Business • 27 Feb
Aviva's India arm hit with $7.5m fine for fake invoices Indian authorities have ordered insurer Aviva's local unit to pay $7.5m in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows. Business • 17 Feb
Aviva's India arm hit with $7.5m fine for fake invoices Indian authorities have ordered insurer Aviva's local unit to pay $7.5m in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows. Business • 17 Feb
UK insurer Aviva to buy Direct Line in £3.7 billion deal British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound cash-and-stock deal, the companies said today, creating the UK's largest home and motor insurer. Business • 23 Dec 24
UK insurer Aviva to buy Direct Line in £3.7 billion deal British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound cash-and-stock deal, the companies said today, creating the UK's largest home and motor insurer. Business • 23 Dec 24
Aviva set to buy Direct Line after sweetened bid British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will create the UK's largest home and motor insurer. Business • 06 Dec 24
Aviva set to buy Direct Line after sweetened bid British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will create the UK's largest home and motor insurer. Business • 06 Dec 24
Direct Line surges after rejecting Aviva's takeover bid Shares in UK insurer Direct Line Insurance soared over 36% in early trade in London today after it rejected a £3.28 billion takeover offer from bigger rival Aviva, saying it "substantially undervalued" the company. Business • 28 Nov 24
Direct Line surges after rejecting Aviva's takeover bid Shares in UK insurer Direct Line Insurance soared over 36% in early trade in London today after it rejected a £3.28 billion takeover offer from bigger rival Aviva, saying it "substantially undervalued" the company. Business • 28 Nov 24
Aviva posts 16% rise in Q1 general insurance premiums Aviva has today posted a 16% rise in general insurance gross written premiums to £2.7 billion in the first quarter, helped by strong performance in Britain. Business • 23 May 24
Aviva posts 16% rise in Q1 general insurance premiums Aviva has today posted a 16% rise in general insurance gross written premiums to £2.7 billion in the first quarter, helped by strong performance in Britain. Business • 23 May 24
New health insurer plans to enter market later this year Consumers look set to see more competition in the health insurance market with the backing by Aviva of a new joint venture led by former VHI boss Oliver Tattan. Business • 18 Apr 24
New health insurer plans to enter market later this year Consumers look set to see more competition in the health insurance market with the backing by Aviva of a new joint venture led by former VHI boss Oliver Tattan. Business • 18 Apr 24
Aviva completes takeover of AIG's UK life insurance unit British insurer Aviva said today it had completed the £453m acquisition of AIG's UK life insurance business, sealing the largest takeover under CEO Amanda Blanc to date. Business • 09 Apr 24
Aviva completes takeover of AIG's UK life insurance unit British insurer Aviva said today it had completed the £453m acquisition of AIG's UK life insurance business, sealing the largest takeover under CEO Amanda Blanc to date. Business • 09 Apr 24
Aviva Ireland's operating profits boosted by higher rates Aviva Ireland has reported a general insurance operating profit of €72m from 2023, up from €32m in 2022. Business • 07 Mar 24
Aviva Ireland's operating profits boosted by higher rates Aviva Ireland has reported a general insurance operating profit of €72m from 2023, up from €32m in 2022. Business • 07 Mar 24
Aviva re-enters Lloyd's market with £242m acquisition British insurer Aviva said today it has re-entered the Lloyd's insurance market with a £242m acquisition of insurance platform Probitas. Business • 04 Mar 24
Aviva re-enters Lloyd's market with £242m acquisition British insurer Aviva said today it has re-entered the Lloyd's insurance market with a £242m acquisition of insurance platform Probitas. Business • 04 Mar 24
Insurer Aviva's nine-month premiums rise 13% British insurer Aviva has today posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders. Business • 16 Nov 23
Insurer Aviva's nine-month premiums rise 13% British insurer Aviva has today posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders. Business • 16 Nov 23
Erapid secures €30m investment by Aviva Investors Erapid Charger Company Limited, which trades as EasyGo - the country's largest private car charging network provider - and CarCharger EV, is to create 60 jobs after it received an investment of €30m by Aviva Investor. Business • 20 Oct 23
Erapid secures €30m investment by Aviva Investors Erapid Charger Company Limited, which trades as EasyGo - the country's largest private car charging network provider - and CarCharger EV, is to create 60 jobs after it received an investment of €30m by Aviva Investor. Business • 20 Oct 23
Aviva to buy AIG's UK protection business for £460m Insurer Aviva said today it had agreed to acquire the UK protection business of AIG for £460m. Business • 25 Sep 23
Aviva to buy AIG's UK protection business for £460m Insurer Aviva said today it had agreed to acquire the UK protection business of AIG for £460m. Business • 25 Sep 23
Aviva to sell Singlife joint venture stake for £800m Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instruments pounds to Sumitomo Life for a combined £800m, the insurer said today. Business • 13 Sep 23
Aviva to sell Singlife joint venture stake for £800m Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instruments pounds to Sumitomo Life for a combined £800m, the insurer said today. Business • 13 Sep 23
Direct Line appoints new CEO after tough 2022 British motor and home insurer Direct Line Insurance Group has today named Adam Winslow, a senior executive at Aviva, as its CEO, seeking to reset after profits fell by 95% in 2022. Business • 30 Aug 23
Direct Line appoints new CEO after tough 2022 British motor and home insurer Direct Line Insurance Group has today named Adam Winslow, a senior executive at Aviva, as its CEO, seeking to reset after profits fell by 95% in 2022. Business • 30 Aug 23
General, health insurance help Aviva to H1 profit beat Insurer Aviva has today posted an 8% rise in first-half operating profit to £715m, helped by strong performance in general and health insurance that could boost full-year numbers by as much as 7%. Business • 16 Aug 23
General, health insurance help Aviva to H1 profit beat Insurer Aviva has today posted an 8% rise in first-half operating profit to £715m, helped by strong performance in general and health insurance that could boost full-year numbers by as much as 7%. Business • 16 Aug 23
13% of adults in relationships have secret savings 13% of adults in relationships have a bank or savings account that their partner isn't aware of, a new survey reveals. Business • 24 Jul 23
13% of adults in relationships have secret savings 13% of adults in relationships have a bank or savings account that their partner isn't aware of, a new survey reveals. Business • 24 Jul 23
More companies quit CBI over crisis at UK lobby group Insurance companies Aviva and Phoenix Group have quit the Confederation of British Industry as a fresh media report about rape allegations involving staff members deepened a crisis at the business group. Business • 21 Apr 23
More companies quit CBI over crisis at UK lobby group Insurance companies Aviva and Phoenix Group have quit the Confederation of British Industry as a fresh media report about rape allegations involving staff members deepened a crisis at the business group. Business • 21 Apr 23
Few homeowners are acting on underinsurance - Aviva Only around 6% of homeowners who have received a letter from their insurer warning of the possibility that the sum insured on their property may be insufficient say they have adjusted it to the reflect the correct rebuilding cost. Business • 14 Apr 23
Few homeowners are acting on underinsurance - Aviva Only around 6% of homeowners who have received a letter from their insurer warning of the possibility that the sum insured on their property may be insufficient say they have adjusted it to the reflect the correct rebuilding cost. Business • 14 Apr 23
73% of employees would continue to work through illness Some 73% of workers in Ireland would continue to work if they were to fall ill for an extended period of time out of a sense of responsibility to their family and/or their employer. Business • 03 Feb 23
73% of employees would continue to work through illness Some 73% of workers in Ireland would continue to work if they were to fall ill for an extended period of time out of a sense of responsibility to their family and/or their employer. Business • 03 Feb 23
Consumers shopping around to find better value Amid the cost of living crisis, a new survey shows that consumers are shopping around for better value. Business • 12 Dec 22
Consumers shopping around to find better value Amid the cost of living crisis, a new survey shows that consumers are shopping around for better value. Business • 12 Dec 22
