Aviva issues guidance under new industry accounting standards
19th Jul 2023 07:35
(Sharecast News) - Insurance and financial services firm Aviva issued an update on Wednesday in a bid to reassure investors over the effects of the industry-wide adoption of IFRS 17 accounting standards.
Read moreUK life insurers' exposure to Thames Water is 'minimal', Citi says
30th Jun 2023 10:59
(Sharecast News) - Analysts at Citi pointed out on Thursday that the UK life insurance sector's direct exposure to Thames Water was "minimal".
Read moreSector movers: Homebuilders pace losses after core CPI surprise
24th May 2023 17:07
(Sharecast News) - Homebuilders were at the bottom of the pile on Wednesday following the release of data showing an unexpected acceleration in core consumer prices.
Read moreActivist investor Cevian ditches almost entire stake in Aviva
24th May 2023 14:12
(Sharecast News) - Activist investor Cevian Capital has reportedly sold almost all of its stake in insurer Aviva.
Read moreAviva Q1 premiums up, net inflows fall
24th May 2023 08:24
(Sharecast News) - UK insurer and investment firm Aviva reported a rise in general premiums although volatile markets resulted in a slowdown of cash inflows at its wealth division.
Read moreFCA to clamp down on rip-off building insurance commissions
21st Apr 2023 07:24
(Sharecast News) - The UK's financial watchdog has proposed new rules that will allow apartment leaseholders to claw back millions in rip-off insurance costs as part of a clampdown on scandalous overcharging by brokers working in conjunction with unscrupulous landlords.
Read moreAviva announces £300m share buyback as annual profits surge 35%
9th Mar 2023 07:01
(Sharecast News) - UK insurer Aviva posted a better-than-expected 35% rise in annual operating profit and announced a £300m share buyback on Thursday, driven by a rise in life and general policy sales.
Read moreThursday preview: China CPI, Aviva in the spotlight
8th Mar 2023 13:35
(Sharecast News) - Financial markets' focus will shift to the Peoples' Republic of China on Thursday.
Read moreSunday newspaper round-up: Arm, Energy bills, Flybe
5th Feb 2023 15:17
(Sharecast News) - The Financial Conduct Authority has offered to relax rules around so-called "related party transactions" in order to entice microchip designer Arm to float in London. Arm worries that otherwise it may have to report dealings with owner Softbank and any of the Japanese outfit's hundreds of investments as well as having to consult with shareholders each time. Such transaction nevertheless played an important role in failed US companies Enron and Tyco. Critics say the move would dilute the UK's highly regarded standards of corporate governance. - The Sunday Times
Read moreUK Q4 average motor insurance costs rise 8% - ABI
3rd Feb 2023 07:12
(Sharecast News) - Britons paid 8% more for motor insurance over the last three months of 2022, the Association of British Insurers (ABI) said on Friday.
Read moreBerenberg downgrades L&G and M&G to 'hold'
31st Jan 2023 08:05
(Sharecast News) - Analysts at Berenberg downgraded insurers Legal & General and M&G from 'buy' to 'hold' on Tuesday, citing high correlation to credit and the UK economy, as well as a lack of organic growth in the latter's asset-management business.
Read moreAviva expects in-line full-year profits, dividend and capital returns outlook unchanged
25th Jan 2023 07:26
(Sharecast News) - Aviva performed as expected by management for 2022 2022 and reiterated its guidance for dividends and capital returns.
Read moreCoats buys £350m bulk annuity policy from Aviva
6th Dec 2022 07:41
(Sharecast News) - Industrial thread maker Coats Group said the trustee of its UK pension scheme had purchased a £350m bulk annuity policy from Aviva.
Read moreAviva confident after turbulent third quarter
9th Nov 2022 10:04
(Sharecast News) - Aviva reported more positive momentum in its third quarter on Wednesday, with the value of new business in its UK and Ireland life division rising 46% to £466m.
Read moreBank signals readiness to extend bond buying if needed - FT
12th Oct 2022 05:53
(Sharecast News) - The Bank of England may extend its backstop programme for the UK government bond market past its 15 October deadline, the Financial Times reported, citing people briefed on the discussions.
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