|Bid||409.70 x 0|
|Ask||409.90 x 0|
|Day's Range||405.90 - 411.03|
|52 Week Range||3.87 - 442.30|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||7.04|
|Earnings Date||Mar 05, 2020|
|Forward Dividend & Yield||0.30 (7.42%)|
|Ex-Dividend Date||Aug 15, 2019|
|1y Target Est||551.33|
Let's talk about the popular Aviva plc (LON:AV.). The company's shares saw a double-digit share price rise of over 10...
Shares in Aviva slid on Wednesday after the British insurer announced it would reorganise into five divisions and sell its stake in its Hong Kong business, falling short of investor expectations for a broader change in strategy. Analysts had speculated Aviva might announce that it would sell smaller European operations such as France or Italy to focus on the UK, or offload books of life insurance closed to new customers. Aviva is folding Aviva Investors, its fund management arm, into a broader investments, savings and retirement division.
Investing.com -- Here is a summary of regulatory releases from the London Stock Exchange on Wednesday, 20th November. Please refresh for updates.
European stocks on Monday held on to levels they reached after six straight winning weeks, with most of the movement occurring in merger situations.
British life and general insurer Aviva Plc will keep its operations in Singapore and China, it said on Monday, two days ahead of an expected strategy update and following speculation of a sale of the Singapore business. Aviva began a review of its Asia business earlier this year under new CEO Maurice Tulloch. "Following a thorough review of options for the Singapore business, including seeking offers ... Aviva has concluded that the best value for shareholders will be achieved by retaining the business," the company said.
The Bank of England warned on Tuesday it will crack down on insurers that are overly optimistic about how much capital they need to cover growing risks from the United States and elsewhere. Gareth Truran, acting director for insurance supervision at the Bank's Prudential Regulation Authority, said the risk of reserving "deficiencies" was increasing in a sector that may be "optimistic" about its outlook. "For Lloyd's managing agents, we will continue to work closely with Lloyd's, taking into account in particular the work of Lloyd's Performance Management Directorate in approving and monitoring syndicate business plans," Truran said.
Dividend paying stocks like Aviva plc (LON:AV.) tend to be popular with investors, and for good reason - some research...
Rating Action: Moody's assigns definitive rating to Italian CDQ ABS Notes issued by Marzio Finance S.r.l. Moody's has not assigned any rating to the EUR 41.3 M Series 7-2019 Class J Asset-Backed Notes due June 2044. The Notes are backed by a static pool of Italian Cessione del Quinto (CDQ) and Delegazione di Pagamento (DP) consumer loans originated by IBL Banca S.p.A. (NR).
The Financial Conduct Authority (FCA) said it will introduce a new category of funds investing in inherently illiquid assets, or FIIA, from September 2020, confirming proposals made last October. "The new rules and guidance are designed to protect the interests of investors, particularly during stressed market conditions," said Christopher Woolard, the FCA's executive director for strategy and competition. The funds will be subject to additional requirements, including standard risk warnings in financial promotions, enhanced depositary oversight, and a requirement to produce liquidity risk contingency plans, it said.
HONG KONG/SINGAPORE (Reuters) - German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in a deal likely to be worth up to $2.5 billion, sources said. Canada's Sun Life Financial and Manulife Financial Corp are also among roughly half a dozen suitors for the businesses, said the people with knowledge of the matter, who declined to be named as the talks are confidential.