AVVIY Stock Recent News

Aviva PLC (LSE:AV.) seemed to deliver higher profits than expected for last year and rewarded investors with a 7% dividend increase.

Aviva: Direct Line Expected Acquisition Doesn't Change Its Income Appeal

Aviva PLC (LSE:AV.) may shock investors next week when it releases results for 2024, that's the view from analysts at UBS.

Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows.

Aviva PLC has announced receipt of a loan to aid its £3.7 billion takeover of peer Direct Line Insurance Group PLC. Citibank had “successfully completed the syndication of a majority of its commitments” under a facility agreement, Aviva said on Wednesday.

Aviva PLC's (LSE:AV.) proposed acquisition of rival Direct Line can be a huge win, according to analysts at JP Morgan who have upgraded the insurer to overweight with a 615p target.

Aviva CEO Amanda Blanc says her company is keen to invest in the U.K. but there needs to be political stability and a government that it is interested in business and growth.

British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with Michelin Pension and Life Assurance Plan, adviser XPS said on Wednesday.

Aviva has had forecasts for this year trimmed by specialist financial broker KBW ahead of its third quarter update on 14 November. Due to higher-than-expected weather losses in Canada and lower yields, KBW has cut its 2024 operating profits target by 8% to £1.6 billion and its solvency ratio by 4 percentage points.

Zilch said Tuesday that it made an operating profit in July 2024, hitting profitability faster than other major consumer fintechs that have also managed to break even. The company also said it topped £100 million ($130 million) in annual revenue run rate, doubling from the run rate it reported last year.