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City

Aviva reveals plans to sell off Russian equity investments

Insurance giant Aviva has become the latest fund manager to slash its exposure to Russia as it revealed plans to sell off its Russian equity investments in response to the crisis in Ukraine. The group’s chief executive, Amanda Blanc, said it has ...

02 Mar 2022 at 10:55

City

Aviva hiking price of insurance cover further as cost of claims surges

The boss of insurer Aviva has warned over further increases to the price of cover this year after double-digit rises in 2022 as it faces surging costs for repair bills. Aviva increased insurance new business premiums on average by 20% for motor ...

09 Mar 2023 at 10:31

City

Aviva flags early completion for cost-cutting drive

Insurance giant Aviva said it is on course to exceed its financial targets as it reported that its cost-cutting drive will be finished ahead of schedule. The business told shareholders on Wednesday that the £750 million gross cost reduction ...

17 Aug 2023 at 09:19

City

Aviva to buy Canada’s Optiom for £100 million

Insurance giant Aviva said it will buy a Canadian vehicle insurer for about £100 million. The purchase of Optiom O2 will let the British insurer reach more customers in Canada, one of its three key areas after years of refocusing the ...

27 Nov 2023 at 09:08

Rugby Union

Incoming Welsh Rugby Union boss says ‘we’ve got to turn this round’ after review

Incoming Welsh Rugby Union chief executive Abi Tierney has vowed to “turn this around” after a damning independent review brought an apology from the governing body. Witnesses interviewed as part of Dame Anne Rafferty’s nine-month ...

14 Nov 2023 at 19:00

Rugby Union

WRU criticised for ‘serious failure of governance’ over misconduct allegations

The Welsh Rugby Union was responsible for a “serious failure of governance” and missed opportunities to act on concerning behaviour within the organisation, a report has found. A committee of Senedd members noted “systemic ...

16 Jun 2023 at 12:46

Rugby Union

Future of rugby union in Wales at stake over recent claims – Nigel Walker warns

Acting Welsh Rugby Union chief executive Nigel Walker has warned the very future of the game in Wales is at stake over the allegations of misogyny, sexism, racism and homophobia that have rocked the organisation. ...

30 Jan 2023 at 18:43

City

Aviva boss lands £7.2m pay package as results beat forecasts

Insurer Aviva has revealed its boss landed a £7.2 million pay package in 2024 as the group notched up better-than-expected earnings ahead of its milestone £3.7 billion takeover of Direct Line. Its annual report ...

27 Feb 2025 at 11:22

City

Increase in insurance premiums pushes Aviva sales and profits higher

Insurance giant Aviva has revealed higher sales and profits on the back of “excellent trading” over the past six months. The London-listed company said it was buoyed by a jump in UK general insurance premiums, ...

14 Aug 2024 at 08:19

City

Aviva and Direct Line agree £3.7bn insurance tie-up

Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November. The ...

23 Dec 2024 at 08:13

City

Nationwide boss Dame Debbie Crosbie to become next women in finance champion

Nationwide chief executive Dame Debbie Crosbie has been appointed by the Chancellor as the new women in finance champion, replacing Aviva boss Dame Amanda Blanc when she steps down after five years in ...

11 Dec 2025 at 15:46

City

Aviva flags potential for Iran conflict to send claims costs rising

The boss of insurer Aviva has cautioned that a lengthy conflict in the Middle East could send the cost of vehicle parts and repairs surging in an echo of the aftermath seen after Russia’s invasion of ...

05 Mar 2026 at 14:04

Years
2026

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