Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Aviva in £460m purchase after long run of sell-offs
Evening Standard
|September 25, 2023
ONE of the City's biggest names turned around from a long spell of selling off businesses today, to make a major acquisition in its home market.
Aviva announced the £460 million purchase of the UK life insurance business of the AIG.
It brings 1.3 million individual policyholders into the London company, alongside 1.4 million covered by group policies. Formerly known as Norwich Union, Aviva has around six million customers.
The deal marked a change of direction for its chief executive, Amanda Blanc, who had been selling off businesses and increasing capital return to shareholders.
That strategy came amid pressure from Europe's largest activist investor, Cevian of Sweden, which revealed a stake in Avia in 2021. By last May, Cevian had sold all of its Avia shares, after £5 billion had been returned to investors.
Cevian hailed Blanc and her team for doing what it called "an excellent job" in boosting capital returns.
Diese Geschichte stammt aus der September 25, 2023-Ausgabe von Evening Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Evening Standard
The London Standard
Why we all fell in love with zany fashion
From JW Anderson's bronze peaches to Loewe's playful bags, the style set have got their sense of humour back.
4 mins
January 22, 2026
The London Standard
The ultimate London guide for first-time buyers
From new-builds to no-deposit mortgages, how to make the most of lower prices.
7 mins
January 22, 2026
The London Standard
A SAUNTER AROUND SYDNEY WITH RICK STEIN
The chef and TV star adores the fish at Margaret, knows where to take a shark- proof swim and loves a bar crawl in Surry Hills - preferably to the sound of Cold Chisel
4 mins
January 22, 2026
The London Standard
'I DON'T WANT TO BE IDOLISED, BUT IF PEOPLE IDOLISE ME, I CAN'T HELP IT'
As she conquers the UK charts, Nigerian megastar Tems talks about working with Rihanna, amplifying the voices of African women and flying the flag for real music
7 mins
January 22, 2026
The London Standard
Inside the battle for the soul of music and the search for an antidote to AI-generated slop
Neo soul singer Sienna Rose is the full package.
2 mins
January 22, 2026
The London Standard
'When I was at my lowest ebb, that hour of connection and hot lunch meant everything'
As our final appeal total hits £2.65m, we meet a client of a charity your support helps
4 mins
January 22, 2026
The London Standard
Labour's policies are pushing restaurants over the edge — I've never seen it so bad _
I remember first coming to this incredible city years ago, and in the past three decades I've seen many talented chefs carving out their reputations, open amazing restaurants - but now the industry is facing a bloodbath.
4 mins
January 22, 2026
The London Standard
Alas, poor Hamnet - it's a beautiful film but the storyline is utter tosh
Chloe Zhao's adaptation of the Maggie O'Farrell novel Hamnet has had rave reviews, so I could not wait to see it.
3 mins
January 22, 2026
The London Standard
Pochettino holds real appeal as the unifying force at Tottenham
The club’s former boss has made no secret of his desire to return to the helm one day.
2 mins
January 22, 2026
The London Standard
'I HAD SOMETHING I NEEDED TO EXPRESS ... NOT BEING ABLE TO WAS KILLING ME'
Jacob Alonhasjustscooped the 2026 Brits Critics' Choice Awardand with their intimately hauntingfolk, the young Scottish singersongwriter may be the hottest new talentin years.
6 mins
January 22, 2026
Translate
Change font size