Tag: Aviva

25% rise in new business

Aviva boss: ‘Friends integration is ahead of plan’

Insurer Aviva reported third quarter figures showing the value of new business rose 25% to £823 million, the eleventh consecutive quarter of growth. Chief executive Mark Wilson also hailed the Read More

Tie-up will involve £225m savings

Aviva warns of 1,500 job cuts after merger with Friends Life

Insurance company Aviva, which employs 2,000 people in Scotland, says as many as 1,500 jobs may go as a result of its merger with Friends Life. Britain’s biggest insurer spelled Read More

Job losses expected in insurance tie-up

Aviva snaps up rival Friends Life in £5.6 billion insurance deal

Andy Briggs

Aviva has today confirmed its £5.6 billion acquisition of Friends Life in a move that will create a company with 16 million customers and will be seen as part of Read More

Aviva in £5.6bn takeover talks with Friends Life

Insurance giants Aviva and Friends Life confirmed tonight that they have reached agreement on a merger that will create a new champion in the sector. Friends has indicated that it Read More

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