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

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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.

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