All the headlines from our Aviva France Topic Page, ordered by recency.
Apr 13 2015 // Aviva plc’s Chief Executive Officer Mark Wilson and the chief financial officer lowered their long-term bonuses after Institutional Shareholder Services Inc. was said to have raised concerns over 2015...
Mar 5 2015 // Aviva plc, in the midst of buying Friends Life Group Ltd. for $8.6 billion, increased its shareholder payout for 2014 by 30 percent as the insurer reported higher profit.The final dividend was lifted to 12.25 pence per...
Feb 24 2015 // Aviva plc was fined 17.6 million pounds ($27.2 million) by the U.K. financial markets regulator for failing to manage conflicts of interest among funds in its fixed-income business.From August 2005 to June 2013, Aviva...
Jan 20 2015 // Aviva Plc said it may eliminate about 1,500 jobs with its £5.6 billion ($8.48 billion) takeover of Friends Life Group Ltd.The job losses form part of an estimated £225 million [$340.76 million] in annual savings from the...
Jan 9 2015 // During Mark Wilson’s first week at Aviva Plc in London he stormed out of a meeting with top executives after growing frustrated with the lack of boardroom debate.In the two years since, the chief executive officer...
Dec 2 2014 // Aviva plc, Britain’s second-largest insurer by market value, agreed to buy Friends Life Group Ltd. for about 5.6 billion pounds ($8.8 billion) in stock in the U.K. insurance industry’s biggest takeover in 15...
Nov 21 2014 // British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for £5.6 billion [$8.76 billion], as British pension reform puts pressure on insurance companies to find new...
Nov 10 2014 // Aviva plc and its partner Haci Omer Sabanci Holding AS raised 331 million liras ($147 million) in the initial public offering of their Turkish pension and life insurance unit as the shares priced near the top of the...
Oct 30 2014 // Aviva plc, the U.K.’s second-biggest insurer by market value, reported a 15 percent rise in new business in the first nine months of the year, driven by its European and Asian operations.The value of new business, a...
Sep 19 2014 // British insurer Aviva is selling its stake in joint venture CxG Aviva for €287 million ($369 million) to venture partner Novacaixagalicia (NCG) Banco after a Spanish tribunal ruling cleared the way for a deal.The cash...
Sep 12 2014 // Aviva Plc, the U.K.’s second- largest insurer by market value, named Adrian Montague as non- executive chairman, replacing John McFarlane, who is taking up the same job at Barclays Plc.Montague, 66, who joined the...
Jun 3 2014 // The three former top executives at Dewey & LeBoeuf LLP, indicted by the Manhattan district attorney for falsely portraying the failing law firm’s financial condition, are using the criminal proceedings to halt a...
Mar 6 2014 // Aviva Plc rallied to its highest in more than five years after profit beat analysts’ estimates and Chief Executive Officer Mark Wilson said he planned to restore bonuses at the U.K.’s second-biggest insurer by...
Feb 28 2014 // Aviva Plc named Blackstone Group LP Senior Managing Director Tom Stoddard chief financial officer after its previous finance head decided to leave the company.Stoddard, Blackstone’s head of global financial...
Feb 24 2014 // Aviva Plc, RSA Insurance Group Plc, and Direct Line Group Plc are poised to bear the brunt of losses from flooding in Britain that is estimated to cost the industry as much as £1 billion ($1.667 billion).Aviva, the...
Jan 23 2014 // Aviva plc, the U.K.’s second-biggest insurer by market value, said Chief Financial Officer Pat Regan resigned to take up a similar job at Australia’s QBE Insurance Group Ltd.Regan, who joined Aviva as CFO in...
Oct 21 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The...
Sep 5 2013 // The buyer of Aviva USA intends to trim about 90 Aviva jobs in the Des Moines, Iowa-area as it cuts about 10 percent of the insurer’s workforce. The Des Moines Register says Aviva employees were told about the...
Aug 19 2013 // Iowa’s insurance regulator has approved the acquisition of West Des Moines-based AvivaUSA and subsidiaries by Athene Holding Ltd., a life insurance company owned primarily by private equity fund Apollo Global...
Aug 5 2013 // Aviva PLC is planning to pull out of its Indian insurance joint venture, valued at more than $500 million, as the British insurer retreats from less-profitable markets where it has struggled to grow its business, sources...