Aviva
Aviva sells Turkish GI business to PE consortium
Aviva has sold its Turkish general insurance business Aviva Sigorta A.Ş, to a private equity consortium led by EMF Capital Partners.
Aviva contents claimants offered Amazon gift certificates
Aviva is talking up the benefits of a partnership with Amazon that enables the insurer to provide gift certificates to policyholders who have lodged contents claims within 90 seconds via text or email.
Personal lines brokers told to shore up data defences after Aviva breach
PRA and FCA expected to increase scrutiny of data protection systems.
Aviva publishes customer reviews online
Aviva is publishing customer car and home claims service reviews on its website, giving buyers the opportunity to see how others rate the insurer before buying its products.
Aviva heralded by analysts but fears remain over long-term performance
Insurer’s full-year results reveal reversal of 2012 £2.93bn loss with £2.15bn profit.
Aviva safeguards staff pensions with record longevity deal
Aviva has moved to protect its UK staff pensions with a record breaking £5bn longevity transaction.
Aviva internal debt plans hailed by analysts
Aviva’s agreement to reduce the balance of an internal loan to £2.2bn by the end of 2015 has won the approval of analysts, who describe the move as “hugely significant”.
Aviva reverses loss with £2.15bn profit but UK profit falls
Aviva delivered a post-tax profit of £2.15bn for 2013, reversing the loss of £2.93bn recorded in 2012.
Aviva Asia CEO hails strong growth
Aviva Asia delivered an increase of 52% in operating profit to £97m ($152m) over the course of 2013.
Carole Nash launches home insurance policy
Carole Nash has launched a home insurance policy for motorcycle owners with provision of secure storage for bikes if a policyholder’s home is rendered uninhabitable through a claim.
Admiral remaining vigilant after Aviva data breach
Admiral has said it is actively working with claims teams to mitigate the risk of a potential data breach after Aviva sacked two employees for giving customer data to claims farming companies.
Editor's comment: A humane culling
Personal lines insurers and brokers have had enough. They have taken it lying down for too long and now they are making a stand and fighting back.
Penny Black's Insurance Week - 6 March 2014
Penny has heard of pets looking like their owners, but pets named after their owner’s employer? That’s a new one.
C-Suite - Insurer: Flooding issue will not drain away
Extreme weather is here to stay – the industry must adopt long-term measures to reduce property damage.
In Series: Data: A smarter approach to flood risk
How can the industry use increasingly sophisticated data to assess flood risk more accurately?
Career file: Tom Stoddard - Aviva replaces Regan with ex-AIG bailout advisor
Aviva has replaced Pat Regan as chief financial officer with a leading member of the team that advised AIG through its 2008 bailout.
Dye hopes storms will have 'corrective' impact on rates
The impact of poor weather in the fourth quarter of 2013 and the first quarter of 2014 could see rate strengthening across a number of business lines, Allianz Insurance chief executive Jon Dye said today.
Aviva replaces Regan with former AIG bailout advisor
Aviva has replaced Pat Regan as chief financial officer with a leading member of the team which advised AIG through its 2008 bailout.
Aviva eyes technology turnaround following CIO hire
Aviva has appointed former BT Retail managing director Monique Shivanandan as chief information officer.
Aviva’s Wilson demands prosecutions for data thieves
Aviva group chief executive Mark Wilson has demanded criminal prosecutions for individuals who pass on customer data to claims farming companies.
Add-on sales top the agenda in Competition Commission talks
CHO critical of commission’s credit hire cost calculations,
BIA Countdown: 20 years of personal lines insurance
As part of Post's countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to personal lines specialists who have experienced wins over the years, asking them how the industry has changed since the first BIAs in 1994.
Market Moves - 27 February 2014
All the movers and shakers in recruitment in the insurance industry this week.
Advertising: Getting the word out
How are insurance firms’ advertising tactics changing in response to the rise of social media and the emergence of aggregators?