Aviva admits CEO hunt will take rest of 2012
Aviva has said that it will not be in a position to name a new CEO until the end of the year, and hinted that business exits are inevitable as the company undertakes a widescale strategic review.
The news came this morning as Aviva reported that its UK general insurance business combined operating ratio was 97% for the first quarter of 2012 (1Q11: 100% excluding RAC).
Net written premiums were
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