Aviva to overhaul business with the loss of 1,800 jobs globally

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Company splits off UK life business and merges digital with general insurance

The Aviva logo sits outside the company head office in the city of London, Britain March 7, 2019. Picture: REUTERS / SIMON DAWSON

Aviva is also facing increased competition from German insurance giant Allianz, which last week did two deals potentially valued at over £800m to cement its position as Britain's second-biggest general insurer. Angela Darlington has been appointed interim CEO of UK life and Colm Holmes CEO of general insurance across the group, including Britain. The changes reverse a management structure introduced by former CEO Mark Wilson two years ago.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA Chamber's data shows business confidence waned in May | IOL Business ReportSouth Africa's business sentiment and conditions deteriorated in May, data from the Sacci and Standard Bank showed. whereiscyril has anyone see CyrilRamaphosa! Can Facebook help and maybe activate a “I’m safe after the ANC legotla” thingy? We are very concerned 😜
Source: IOL - 🏆 46. / 51 Read more »

SA entrepreneurs sell R22 000 business to global giants for huge dollar figure | IOL Business ReportA small team of Cape entrepreneurs who invested R22 000 in 2006 to start up a business recently saw a phenomenal return on their founding capital.
Source: IOL - 🏆 46. / 51 Read more »