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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.
Aviva India is an Indian life assurance company. It is a joint venture between Aviva plc , a British assurance company, and Dabur Group, an Indian conglomerate . Aviva began operations in July 2002 as a joint venture with Dabur Group, one of India's oldest business houses.
Aviva Italia Holding is an Italian holding company for the British multinational insurance company Aviva. According to Mediobanca , as of 2014 [update] the group had a combined gross premiums written of €3,768,783,000 and was the 12th largest insurance company of Italy.
This was bought by Globe Investment in 1988 and then sold to Commercial Union, before being absorbed into CGU and then Aviva plc. [2] The Central Bank of Ireland fined Aviva Investors in July 2011 for failing to have proper controls and procedures surrounding the safeguarding of client assets. [3] [4]
Aviva Canada's headquarters in Markham. Aviva Canada Inc. is a Canadian property and casualty insurance company and a wholly owned subsidiary of the UK-based Aviva plc. [2] It provides home, personal, automobile, recreational vehicle, group and business insurance to more than three million customers.
Shares of Direct Line Insurance surged by over 36% in early trading on 28 November 2024 after the company rejected a £3.28 billion ($4.16 billion) takeover offer from rival Aviva, stating the offer "substantially undervalued" the company. Despite the surge, Direct Line's stock remained below the proposed offer price of 250 pence per share.
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