amanda-blanc-ceo-of-aviva-1

Amanda Blanc, ceo of Aviva

25 September 2023Insurance

Aviva buys £460m AIG business in ‘highly attractive’ UK protection market

Insurance heavyweight Aviva has acquired AIG’s UK life insurance business from Corebridge Financial, a subsidiary of American International Group, for a consideration of £460 million. The deal is part of Aviva’s strategy to expand its capital-light businesses, and accelerate growth in the “attractive” UK protection market.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Aviva acquires an MGA for £100m to expand in ‘attractive’ business line

27 November 2023 The acquisition to fuel its capital-light growth in the Canadian insurance market.

Keystone Insurers acquires Canyon Lands Insurance

30 October 2023 Canyon’s CEO will become president of Keystone’s western region.

Leadership shifts at Aviva as top executive exits; AXA hire fills CEO gap

1 September 2023 Former AXA Health chief named CEO of Aviva Canada; a 20-year vet takes top UK role.

More articles

Allianz Commercial flags rising nuclear verdicts on loss trends watchlist

Zurich may slash life segment reinsurance buys to hold more margin

Markel snags Aegis London underwriter to bolster marine cargo portfolio

ACORD taps London market specialist to guide growth strategy

Aon lifts long-serving insider for global data and analytics push

Zurich targets mid-market and specialty in commercial growth plan

RGA inks $4.1bn coinsurance transaction with Manulife’s John Hancock

Aon’s NFP boosts New York footprint with employee benefits acquisition

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze