Aviva expands global footprint with £249m Probitas acquisition

Pallavi Madhiraju- July 14, 2024 0

In a significant expansion move, Aviva plc has finalized the acquisition of Probitas Holdings (Bermuda) Limited for a total consideration of £249 million. This strategic ... Read More

Tata Consultancy Services, Aviva expand partnership for digital transformation of UK life business

Pallavi Madhiraju- January 31, 2024 0

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a significant expansion of its partnership with Aviva, the ... Read More

Aviva to acquire Canadian vehicle replacement insurance provider Optiom

Pallavi Madhiraju- November 28, 2023 0

Aviva plc has announced its acquisition of Optiom O2 Holdings Inc, commonly known as Optiom, for a consideration of approximately £100 million (about CAD$170 million). ... Read More

Aviva to boost presence with £460m acquisition of AIG Life UK

Pallavi Madhiraju- September 25, 2023 0

Aviva plc, a leading insurance provider, has announced its strategic acquisition of AIG Life Limited, commonly known as AIG Life UK, from Corebridge Financial, Inc., ... Read More

Sumitomo Life to acquire Aviva’s stake in Singlife for £800m

Pallavi Madhiraju- September 16, 2023 0

Aviva plc has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company for a total cash ... Read More

Aviva to acquire British financial advice firm Succession Wealth for £385m

Pallavi Madhiraju- March 5, 2022 0

British insurance giant Aviva has agreed to acquire Succession Wealth, a financial advice firm, for £385 million to substantially boost its footprint in the fast-growing ... Read More

Aviva to sell Aviva Poland to German insurer Allianz for €2.5bn

Pallavi Madhiraju- March 27, 2021 0

Aviva, a UK-based multinational insurance company, has agreed to divest its Polish business - Aviva Poland to German insurance company Allianz for €2.5 billion in ... Read More

Aviva closes £1.6bn sale of majority stake in Aviva Singapore

Pallavi Madhiraju- December 3, 2020 0

British life insurer Aviva has wrapped up the previously announced SGD 2.7 billion (£1.6 billion) sale of a majority stake in Aviva Singapore to a ... Read More

Aviva to sell majority stake in Aviva Singapore to enable merger with Singlife

Pallavi Madhiraju- September 13, 2020 0

UK life insurance giant Aviva has agreed to divest a majority stake in Aviva Singapore to a consortium led by Singapore Life (Singlife) for SGD ... Read More