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Aviva PLC (AV.L)

AV.L on London Stock Exchange

524.00GBp
23 Jan 2018
Change (% chg)

-6.40 (-1.21%)
Prev Close
530.40
Open
532.00
Day's High
533.60
Day's Low
521.20
Volume
10,176,133
Avg. Vol
10,385,536
52-wk High
570.50
52-wk Low
467.31

Latest Key Developments (Source: Significant Developments)

Aviva appoints Andy Briggs CEO UK insurance
Thursday, 19 Jan 2017 05:00am EST 

Aviva Plc : Organisational changes . Aviva is bringing its UK Insurance businesses together - life insurance, general insurance and health insurance - under leadership of Andy Briggs . Maurice Tulloch will become CEO international insurance, responsible for Aviva's insurance operations in France, Canada, Ireland, Spain, Italy, Poland, Turkey and India . Both appointments are subject to regulatory approval .Says David Mcmillan, Chairman Aviva global health insurance and CEO Aviva Europe, has chosen to leave Aviva.  Full Article

UK's FCA fines Aviva companies for client money and assets failings
Wednesday, 5 Oct 2016 05:08am EDT 

UK's Financial Conduct Authority (FCA): FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited 8.2 mln stg for client money and assets failings . Aviva breached FCA's Client Assets Sourcebook (CASS) rules and requirements between Jan 1, 2013 and Sept 2, 2015 . During period Aviva failed to put in place appropriate controls over third party administrators . Also found deficiencies with Aviva's internal reconciliation process which resulted in under- and over-segregation of client money . During period from Feb 10, 2014 to Feb 9, 2015 under-segregation peaked at 74.4 mln stg Link to full text: (http://bit.ly/2dJeGUP) Further company coverage: [AV.L] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Aviva bullish on cash generation after H1, shares rise
Thursday, 4 Aug 2016 03:08am EDT 

Aviva Plc : CEO Mark Wilson says expects more cash generation next year, could go outside the top of flagged range. . CEO says bulk annuity demand had fallen ahead of EU referendum vote; firm expects demand to pick up in H2. . Aviva Investors' Euan Munro says UK commercial property prices have not fallen as much as some market adjustments suggested. .Aviva shares up 5.7 percent in early deals after H1 results..  Full Article

Aviva CEO Wilson says 'expect a few' percentage points off solvency ratio on market volatility
Wednesday, 6 Jul 2016 04:46am EDT 

Aviva Plc : Ceo mark wilson says 'expect a few' percentage points to be knocked off solvency ratio due to market volatility post-brexit vote Further company coverage: [AV.L] ((carolyn.cohn@thomsonreuters.com;)).  Full Article

Aviva CEO Wilson says insurer benefits from weaker sterling
Wednesday, 6 Jul 2016 04:00am EDT 

Aviva Plc : Ceo mark wilson says insurer benefits from weaker sterling . Aviva ceo wilson says wants to see what happens in markets before considering giving cash back to shareholders . Will consider "bolt-on" m&a if it strengthens core businesses . Not considering more large-scale acquisitions, expect to increase asset management business as share of group Further company coverage: [AV.L] ((carolyn.cohn@thomsonreuters.com;)).  Full Article

Aviva aims to increase dividend pay-out ratio to 50 pct in 2017
Wednesday, 6 Jul 2016 02:00am EDT 

Aviva Plc : Aviva plc capital markets day . Group chief executive officer, mark wilson, will set out a number of objectives. . These include: . Ifrs operating profit: mid-single digit growth in medium term . cash: £7bn cumulative business unit remittances over period 2016-18 . Aviva's fundamentals are sound. . Although it is too early to quantify precise impact of brexit, we are confident we can continue to grow . dividend: payout ratio of 50% of operating earnings per share in 2017 .A sustainable and growing dividend is paramount and we plan to increase payout ratio to 50% in 2017.  Full Article

Aviva says Brexit will have no operational impact, capital position robust
Monday, 27 Jun 2016 02:07am EDT 

Aviva Plc : Aviva plc notes recent market volatility following outcome of uk referendum on eu membership. . Aviva's capital position is resilient to market stress, and company estimates that as of close of markets on friday 24th june 2016, its solvency ii coverage ratio remained close to top of its working range of 150% - 180%. . At aviva's 2015 preliminary results, published in march 2016, aviva reported a solvency ii ratio of 180% and a surplus of £9.7 billion. Aviva has one of strongest and most resilient balance sheets in uk insurance sector .Aviva will continue to monitor technical implications of vote to leave, which will only be resolved after several years of negotiating a new relationship between uk and eu..  Full Article

Global business group 'lit a flame' for long-term U.N. goals: chair

OSLO Many companies are looking past quarterly results to discover long-term economic opportunities in U.N. goals to end poverty and protect the planet, the head of an international business commission has said.