Latest Aviva France Headlines

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

UK Insurer Aviva Completes Sale of French Business to Aéma for £2.8­ Billion

Oct 1 2021 // UK insurer Aviva plc announced the completion of the sale of its French business to Aéma Groupe for £2.8­ billion ($3.8 billion) in cash.The transaction was first announced on Feb. 23, 2021. Related:Allianz Completes...

Allianz Finalizes €330 Million Acquisition of Aviva Italia

Oct 1 2021 // Allianz S.p.A., the Italian holding company of the Allianz Group, announced it has finalized the acquisition of Aviva Italia S.p.A., the Italian property & casualty (P/C) insurance entity of the Aviva Group.The...

People Moves: Insurer Aviva Names Montague, Cummings to Exec Committee; Wood to Launch Captive Operation for Price Forbes Bermuda; Wagstaff Is CEO of LMG

Sep 24 2021 // This edition of International People Moves details appointments at UK insurer Aviva, broker Price Forbes Bermuda and the London Market Group.A summary of these new hires follows. Aviva Strengthens Exec Committee with Chief...

Hub International Agrees to Buy Aviva Canada Unit, National Home Warranty Group

Aug 24 2021 // Hub International Ltd., the Chicago-based insurance broker, announced that it has signed a purchase agreement to acquire the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc.Terms...

Aviva to Return at Least $5.6 Billion to Investors Following Non-Core Asset Sales

Aug 12 2021 // Aviva Plc plans to return at least 4 billion pounds ($5.6 billion) to investors using proceeds from the recent sale of non-core businesses.The UK-based insurer and asset manager will start with an immediate 750 million...

UK’s Aviva Calls for Urgent Action to Protect Homes, Businesses from Climate Change

Jul 21 2021 // British insurer Aviva called on Wednesday for urgent action from policymakers, developers and insurers to protect homes and businesses from the impact of climate change, saying most were ill-prepared to handle extreme...

UK Government’s Safety Plan for High-Rise Buildings Could Push Away Investors: Aviva

Jul 14 2021 // Aviva Plc, the UK insurer and asset manager, warned the government that new safety proposals for high-rise apartment blocks could steer institutional investors away from the residential property market.The company last...

Swedish Activist Investor Cevian Buys 4.95% Stake in UK Insurer Aviva

Jun 9 2021 // Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer’s top three holders.Christer Gardell, managing partner at Cevian, said the Stockholm-based investor now...

Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil

May 20 2021 // Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain’s economy.“During this period of economic...

RSA Names Former Aviva Executive Hodges as Chair of UK, International Businesses

Mar 26 2021 // RSA has named appointments for chair and CFO of its UK and International business entities, following the completion of Intact Financial Corp.’s proposed takeover.Mark Hodges, former CEO of Aviva’s UK business...

Update: Allianz to Purchase Aviva Poland for $2.9 Billion, Winning Bidding War

Mar 26 2021 // Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion).The deal values London-based Aviva’s Polish business at 2.7 billion euros, according...

Generali Raises Bid for Aviva Poland in Battle with Dutch Insurer NN: Sources

Mar 25 2021 // MILAN – Italian insurer Generali has nudged up its bid for Aviva’s Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources...

Insurer Aviva Seeks New London Headquarters to Cut Post-Pandemic Office Footprint

Mar 5 2021 // Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office footprint.The firm started looking for new offices in the financial district early last year, but shelved its...

Aviva Sells Italian Businesses to Allianz and CNP in 2 Deals Totaling $1.1 Billion

Mar 4 2021 // Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to pivot to its core markets.CNP Assurances and Allianz SE bought the London-based...

UK Insurer Aviva Plans to Become Net-Zero Carbon Emissions Company by 2040

Mar 1 2021 // British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this was the most demanding target set by any major insurer worldwide.Following the 2015 Paris Agreement on...

Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer

Feb 25 2021 // Sonia Kundi has joined the Zurich North America Group Risk Management team as Canada chief risk officer, effective immediately.She reports to North America Chief Risk Officer Colleen Zitt and will be a member of her...

Aviva Pushes Back Deadline for Final Offers for Polish Operations: Sources

Feb 25 2021 // LONDON – Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key distribution agreement...

UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy

Feb 23 2021 // Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in Chief Executive Officer Amanda Blanc’s push to streamline the UK insurer.The unit was sold to French...

Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

Feb 16 2021 // Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said.The U.K. company is in...

Aviva Investors Weighs Ditching Holdings in Biggest Carbon Emitters for Climate Inaction

Feb 1 2021 // LONDON – Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world’s biggest corporate emitters of carbon if their boards failed to take sufficient action over climate change.The...