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Aviva PLC Add to portfolio

LON100:AV, Jul 18, 11:51 UTC

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Saturday, July 13


News

Would I buy shares in Aviva for my Stocks and Shares ISA now?

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Insurer Aviva (LSE: AV) has come a long way since the dark days of the financial crisis. Under previous chief executive Mark Wilson, the balance sheet was strengthened, but the share price didn’t improve enough for its long-suffering shareholders. And then an ill-advised attempt to cancel £450m of high-performing preference shares drew heavy criticism from investors. The insurer has also confirmed plans to manage its life and general insurance businesses in the UK separately, presumably part of a move to try to streamline the business and improve productivity. If it works, this would clearly be a good move, as Aviva can at times feel like a super-tanker that’s hard to steer and lacks agility. The end result of all this is that the share price, given the potential for a turnaround under new management, looks very good value in my eyes with the shares trading on a P/E of just over 11 and a dividend yield 7%.

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Friday, July 12


News

Aviva introduces life insurance for defence sector

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Four IS militants, two Hashd Shaabi members killed in anti-IS operation in eastern Iraq. UK sending second warship to Persian Gulf amid tensions with Iran: reports. Cutting on scholarships exposed anti-Dalit face of Modi govt: Punjab Ministers. New Delhi, Jul 12 (UNI) Two-way trade between India and the United States is likely to grow to $238 billion by 2025 from the current $143 billion, said a report as officials of the two countries met to discuss their disagreements.see more.. Aviva introduces life insurance for defence sector12 Jul 2019 | 5:25 PM.

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Friday, June 28


News

Forget buy-to-let! I’d buy the Aviva share price and this FTSE 250 growth stock

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I’d buy the Aviva share price and this FTSE 250 growth stock. You still have all the bother of buying a property, paying stamp duty (plus that 3% surcharge), doing it up, sourcing tenants, taking deposits and following regulations, only to pay punitive levels of tax on whatever profit you can squeeze out. Launched in 1855, it now has global clout with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East. As my colleague Roland Head recently pointed out, it operates at the higher end of the market, which can be more robust, and diversifies your exposure to property markets far beyond the UK. The Savills share price has enjoyed a storming year, growing 30% since January, helped by the wider stock market recovery.

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Monday, June 24


News

Personal Lines Insurance Market Is Thriving Worldwide with Aviva, Admiral, Direct Lines - Press Release

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Edison, NJ -- (SBWIRE) -- 06/24/2019 -- A new market study on Global Personal Lines Insurance Market with 100+ market data Tables, Pie Chart & Graphs is released that will provide complete assessment of the Market and covers evolving trends, current scenario analysis and growth factors, and industry validated market data. More emphasis is given on SMEs that are emerging and evolving in the market with their product presence and technological upgraded modes, players that are also part of study taken from vast list of coverage are "Aviva, Admiral, Direct Lines, Churchill, HUB International Ltd., Confie Seguros Holding Co., USI Insurance Services, AssuredPartners Inc., TWFG Insurance Services, Crystal & Co., Leavitt Group, PayneWest Insurance, Petplan, Animal Friends & AXA" etc and many more. Patent Analysis: To overcome competition, players constantly make R&D expenses and to better evaluate uncertain growth scenario of market players and overall industry a patent analysis chapter is introduce which will provide insights like no. Currently, research report gives special attention and focus on following regions: North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico & Rest of the World ** Countries of specific interest can be included.

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Friday, June 21


News

Why I think the Aviva share price could be a game-changer for your pension portfolio

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Why I think the Aviva share price could be a game-changer for your pension portfolio. Having risen through the ranks at Aviva, Tulloch will know the business inside out and has already earmarked savings of £300million a year for the next three years. Some of these savings will be made by cutting around 1,800 jobs from its 30,000 total workforce, although Aviva is looking to keep redundancies to a minimum. Over the last couple of years, Brexit nerves have dampened the insurer’s share price, but with a P/E ratio of 11, now might be a great buying opportunity for value investors. Aviva is well diversified internationally, for example operating in Canada and Asia, although the UK and Europe remain its biggest market by some stretch, accounting for around 67% of operating profit when Aviva Investors and other related activities are excluded from the equation.

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Thursday, June 20


News

Aviva share price: what’s the outlook as new boss begins radical shake-up plan?

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Aviva share price: what’s the outlook as new boss begins radical shake-up plan? Earlier this month, the British insurer unveiled a radical break-up plan that see thousands of jobs cut as the ailing business tries to revive growth. Aviva CEO Maurice Tulloch took the helm in March and tasked with turning the ailing insurer around, with its share price tumbling more than 20% over the last five years. ‘Reducing Aviva’s costs is essential to remain competitive and this means tough decisions and job losses which I do not take lightly,’ Tulloch said.

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Friday, June 14


News

Why I’d consider shares of Aviva and Lloyds to lock in hefty dividend streams now

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Why I’d consider shares of Aviva and Lloyds to lock in hefty dividend streams now. Seasoned investors regard share purchases as buying pieces of real businesses. They appreciate that investing in a quality company that also pays a respectable dividend could be a game-changer for most retirement portfolios. In other words, if I buy them evenly in a £5,000 account, I’ll create an annual income stream of £320. And that would be on top of any share appreciation I’d get.

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Friday, June 07


News

Aviva Canada veteran promoted to CEO as U.K.-based parent shuffles management

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Aviva Canada veteran promoted to CEO as U.K.-based parent shuffles management. TORONTO — Aviva Canada will have a new chief executive officer as of July 1, as its current CEO returns to London to assume a new role at the head office of the multinational insurance company. The Toronto-based company's announcement comes a day after Aviva PLC announced it planned to reduce its workforce of 30,000 by 1,800 people over three years as part of its cost-savings initiatives. Aviva also announced Thursday that Holmes had been appointed chief executive officer of the company's general insurance division, with responsibility across the group including the United Kingdom and Canada.

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News

Aviva Canada names new CEO amid cost-cutting drive

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Aviva Canada Inc. has named a new chief executive officer amid a savings drive and possible job cuts that have been planned by the insurer’s parent company in the United Kingdom. Jason Storah will take over as CEO of Aviva Canada on July 1, the company said in a press release on Friday, succeeding Colm Holmes, who is returning to London to become chief executive of U.K.-based Aviva Plc’s general insurance arm. “Over the last 18 months, we have worked hard to improve our business performance, and while this has meant making some tough calls, it’s put us in a much stronger position to now grow,” Storah said in the release. Aviva Canada, a subsidiary of London-headquartered Aviva, is one of the biggest property and casualty insurance companies in the country, with 2.8 million customers and more than 4,000 employees.

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News

Aviva Canada veteran promoted to CEO as U.K.-based parent shuffles management

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TORONTO — Aviva Canada will have a new chief executive officer as of July 1, as its current CEO returns to London to assume a new role at the head office of the multinational insurance company. After 15 years with Aviva Canada, Jason Storah will succeed Colm Holmes, who has been Aviva Canada's CEO since March 2018. The Toronto-based company's announcement comes a day after Aviva PLC announced it planned to reduce its workforce of 30,000 by 1,800 people over three years as part of its cost-savings initiatives. Aviva also announced Thursday that Holmes had been appointed chief executive officer of the company's general insurance division, with responsibility across the group including the United Kingdom and Canada.

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