|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.67 - 11.90|
|52 Week Range||11.67 - 11.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
One of the UK’s biggest insurers has unveiled details of how many claims it pays, and why it turns some of them down, in the hope that it can change the perception that insurers try to avoid paying claims. Aviva said it accepted 96 per cent of claims last year, and the other 4 per cent were refused mostly because customers had not paid for add-ons or because the claim fell outside the policy’s terms. Failure to disclose pre-existing medical conditions was also a common reason for refusal.
It has poached eight senior staff for its Edinburgh office, which opens this month and has room for up to 60 staff. The move follows Aviva’s capture in January of David Cumming, formerly head of equities at Standard Life Investments. “These hires will enhance our ability to offer compelling equity propositions for wholesale and institutional investors, as well as strengthening idea generation for our broader range of investment solutions,” said Euan Munro, chief executive of Aviva Investors, who made his name by launching the Gars fund at Standard Life.
Aviva Investors, the fund arm of insurer Aviva (AV.L), on Friday announced an overhaul of its investment teams in an effort to boost performance, including the creation of several new teams. As part of the reorganisation, Aviva said it would merge its rates and emerging market debt teams into a new Multi-Asset and Macro unit, and create a Credit unit and a Solutions unit. "The traditional, siloed-model of managing money simply will not provide the flexibility or responsiveness to build solutions that meet clients' future needs," Aviva Investors said.
The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email email@example.com. HONG KONG EXCHANGES AND CLEARING LTD HKEX has reappointed ...
June 13 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email firstname.lastname@example.org. HONG KONG EXCHANGES AND CLEARING ...
Aviva Investors, the global asset management business of Aviva Plc, said it has appointed Maria Cassisi to head its North American client services, effective June 13. Cassisi, who comes with eight years ...
In this article, I will take a look at Aviva plc’s (LSE:AV.) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the pastRead More...
The following are the top stories on the business pages of British newspapers. Aviva Plc has told 50,000 customers that it overcharged them for their premiums and has promised to refund them in a bill that will run to millions of pounds. Aviva has written to holders of index-linked income protection policies, life insurance policies and critical illness policies, confessing that an "IT error" led them to be overcharged for their policies — often for years.
Peter Fitzgerald, global head of multi assets at Aviva Investors, discusses Federal Reserve policy, Treasury yields and the dollar. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)...
British insurer Aviva (AV.L) said on Tuesday it had launched a 600 million pound share buyback programme, as part of a bigger 2 billion pound capital deployment plan aimed at slashing debt and boosting share earnings. Citigroup (C.N) will conduct the share buy-back programme on Aviva's behalf. "Aviva has significant surplus cash and capital and we are deploying 2 billion pounds productively in 2018.
Britain's markets watchdog will review Aviva's (AV.L) treatment of its preference shareholders to see if any of them lost money following the insurer's decision to drop a plan to cancel these high-yielding shares. The preference shares (35PG.L) (GACC_p.L), which give holders fixed dividends that take priority over ordinary share dividends, fell sharply after Aviva said earlier this month it might cancel them. Cancelling the shares would have saved Aviva about 38 million pounds ($53.64 million) a year in coupon payments.
(Reuters) - BlackRock Inc (BLK.N) elected three independent directors to its board, including executives from Microsoft Corp (MSFT.O) and Aviva (AV.L), the world's biggest asset manager said on Thursday. ...
The new directors are Bill Ford, the CEO of private equity firm General Atlantic, Peggy Johnson, the executive vice president of business development at Microsoft, and British insurer Aviva's Chief Executive Mark Wilson. "The three new directors' global perspective and combined expertise in technology, financial services and fast-growing markets, such as Asia-Pacific, reflects BlackRock's current and future priorities," the company said in a statement.
The Lithuanian arm of British insurer Aviva (AV.L) will return 349,000 euros (£) to customers after the Baltic country's central bank ruled it had not acted in their best interests. Aviva Lietuva, indirectly owned by Aviva Group Holdings Ltd, said on Thursday it would return the money to about 50,000 life insurance customers, equating to an average of just under 7 euros each, although it did not admit any wrongdoing. The central bank said Aviva Lietuva had breached investment law in its handling of customers' money in 2016 and 2017.