Allianz and Intact pondering Aviva takeover, reports claim

An Aviva sign

The Times has reported that "market chatter" has suggested Allianz and RSA owner Intact, are considering lining up a bid to buy Aviva.

According to The Times’ article, City chatter surrounding a takeover has “refused to die down”. Additionally, an unnamed US insurer was also cited as a possibility.

Attractive prospect

Aviva CEO

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RSA sells direct PL business to Admiral

RSA and its parent company Intact Financial Corporation has this morning confirmed the sale of its UK personal lines operations to Admiral Group Plc for an initial cash consideration of £82.5m, as reported by Insurance Post earlier this week.

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