Latest Aviva France Headlines

All the headlines from our Aviva France Topic Page, ordered by recency.

UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal

Dec 31 2024 // British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday [Dec. 23], creating the UK’s...

Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion

Dec 23 2024 // Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer.Each Direct Line shareholder will be entitled to receive...

Aviva’s India Officials Approved Brokerage Model Queried by Taxmen

Dec 13 2024 // An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company...

Aviva CEO Amanda Blanc Conquers Detractors and Direct Line

Dec 6 2024 // Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in a storied insurance career where she’s stood up to challenges including activist shareholders and sexist...

Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line

Dec 6 2024 // Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer.London-listed Aviva sweetened its bid in...

UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion

Dec 5 2024 // Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter...

Markets/Coverages: Aviva’s Lloyd’s Insurer Probitas Launches 5 New Lines of Business

Nov 13 2024 // Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy,...

People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez

Nov 4 2024 // This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London.A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as...

Bain-Backed Motor Insurer Esure Draws Interest from Aviva, Allianz

Nov 1 2024 // Aviva Plc and Allianz SE are among potential bidders for Britain’s home and motor insurance firm Esure Group Plc, according to people familiar with the matter.Sampo Oyj, which owns British general insurer Hastings...

Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations

Oct 30 2024 // Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an inquiry into a former employee’s accusations of religious discrimination at work, documents seen by...

Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva

Oct 23 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio.The...

Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation

Sep 4 2024 // British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax evasion practices.Reuters reported on Friday that an Indian tax agency has...

UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says

Aug 30 2024 // An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by...

UK Insurer Aviva Beats Earnings Forecasts on Home, Motor Insurance Price Hikes

Aug 14 2024 // British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said on Wednesday it remained confident of meeting its 2026 targets.The life and general...

Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years

Jul 11 2024 // UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years.The deal with...

UK’s Aviva Posts 16% Rise in Q1 General Insurance Premiums

May 23 2024 // Aviva posted a 16% rise in general insurance gross written premiums to 2.7 billion pounds ($3.44 billion) in the first quarter, helped by strong performance in Britain.Life and general insurer Aviva, which has its main...

UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M

Mar 4 2024 // Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million).The transaction includes...

People Moves: BHSI Taps Holding From Aviva to Lead UK Marine; Ardonagh Specialty Names Goldenberg as Global Commercial Dir.; Lockton Re Adds Yeo, Terry to Cyber Team

Jan 11 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Ardonagh Specialty, and Lockton Re.A summary of these new hires and promotions follows here. BHSI Taps...

Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc

Dec 14 2023 // Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in financial services eclipsed other industries and that she had heard “absolutely...

Aviva to Acquire Canadian Vehicle Replacement MGA Optiom for Circa £100m

Nov 27 2023 // Aviva plc announced the acquisition of Optiom O2 Holdings Inc. from Novacap and other minority shareholders for a consideration of approximately £100 million (US$126 million).Calgary, Canada-based Optiom, which operates...