Aviva buys Royal Bank of Canada insurance business
UK insurer Aviva has strengthened its market position in the Canadian market with the acquisition of the Royal Bank of Canada (RBC) General Insurance Company.
Aviva
-
-
Multi-strategy funds limit post-Brexit losses
The three largest multi-strategy funds for sale in Europe have fared better than most other absolute return funds since the UK’s shock vote to leave the EU. However, the Standard Life GARS fund continues to underperform its peers on a longer-term basis.
-
PEOPLE MOVES: BSI Bank, BlackRock, Aegon…
On what has been a very trying day for Switzerland-headquartered BSI Bank, the company’s chief executive has stepped down with immediate effect. BlackRock has poached its new senior managing director from a Canadian pension fund, while Aegon’s managing director for retail is to retire after 30 years with the company.
-
Seven themes shaping financial markets and investments
The long term trend of easily securing healthy returns is coming to an end and investors now face the challenge of how to generate reliable capital growth and income. Aviva Investors has identified seven drivers of long term investment returns. They can be seen by clicking through the following pages.
-
PEOPLE MOVES: Aviva Investors, Brooks Macdonald, Old Mutual
Aviva Investors has bolstered its global equities team, with Brooks Macdonald luring its new investment director from Quilter Cheviot. Old Mutual Wealth has made two significant UK regional appointments, while Deutsche Bank’s Americas chief executive has announced his departure.
-
Life Trends: Industry flux opens opportunities for new players
Regulation, technology and the rapidly changing lifestyles of consumers is ushering in a period of unprecedented flux within the life industry, creating a rich seam of opportunity for new players.
-
Allianz to sell €4.5bn cache of Italian life policies
Insurance giant Allianz is looking to sell a portfolio of life insurance policies in Italy worth €4.5bn ($5.09bn, £3.6bn) as it struggles to cope with rock-bottom interest rates, Reuters has reported.
-
Two thirds of UK pensioners to retire early this year
Nearly two thirds of UK seniors planning to retire this year are doing so earlier than their state pension age or before their company pension retirement date, according to new research published by Prudential.
-
FPI deal helps Aviva to boost Asian growth
UK insurance giant Aviva said overall operating profit from its life and general insurance and health businesses across Asia grew to £238m in 2015, up from £85m the previous year, in part due to a big contribution by Friends Provident International.
-
PEOPLE MOVES: Aviva, Deutsche Bank, PwC…
Aviva has announced two changes in its General Insurance division; while Deutsche Bank has appointed a chief country officer for Luxembourg. PwC has named a new global chairman, with Jersey Finance establishing a greater London presence.
-
PEOPLE MOVES: FPI, Source, Old Mutual…
FPI has named a new financial director and Source has appointed a UK chief executive. In spite of break-up rumours, Old Mutual Wealth has hired a head of proposition from Sanlam. Both Vonobel and Aviva Investors announced departures.
-
UK adults in their 40s and 50s poor retirement planners
Half of UK residents in their 40s and 50s have not yet started planning for their retirement, according to a recent Aviva study.