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Right now I'm trawling through the FTSE 100 (UKX) and double-checking for blue chips that may be flattering their profits. You see, many companies these days report "underlying" earnings, which ...
LONDON -- Last month, shares of Aviva plummeted on news that the insurer's dividend would be slashed 44% as the firm attempted to tackle its debts and rebuild its capital reserves.
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The name of the company upon its formation in May 2000 was CGNU plc and was created when Norwich Union merged with insurer CGU. [7] In April 2002, the company's shareholders voted to change the company name to Aviva plc, an invented palindrome word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide.
He was included in that year's list for his role in returning the British insurer to profit and finalising the £5.6bn acquisition of Friends Life, the largest takeover in the insurance sector in nearly 15 years. [9] The merger turned Aviva into one of the UK's largest investors, managing £300bn-plus in assets. [10]
Windsor joined Aviva in 2010 and rose to the position of chief financial officer (CFO) which he held from 2019 to 2022. [5] He served a year as CFO of Persimmon before taking the same position at Abrdn in 2023. [6] In May 2024, he became interim chief executive officer following the announcement of Stephen Bird's departure. [7]
Aviva shares have been boosted by first-quarter figures this morning, gaining 7.8%. The insurer said new business is up 18% to 191 million pounds due to improved profitability in its U.K. and ...
Aviva Group Ireland plc is the Irish arm of British insurance firm Aviva plc. Its headquarters are in Dublin. The company also provides investment management and pension services. D&B Hoovers reported in October 2010 that Aviva is the largest general insurer in Ireland, with a market share of more than 20% in the country. [1]