Avivas

Aviva’s India arm hit with US.5m fine for fake invoice scheme
Aviva’s India arm hit with US$7.5m fine for fake invoice scheme
February 16, 2025
Indian authorities have ordered British insurer Aviva’s local unit to pay US$7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal...
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
November 27, 2024
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival Aviva, saying it “substantially undervalued” the company.On Nov...
Aviva’s profit up 9% for 2023, offers £300 million buyback
Aviva’s profit up 9% for 2023, offers £300 million buyback
March 7, 2024
BRITISH insurer Aviva reported a slightly better-than-expected 9 per cent rise in 2023 operating profit to £1.47 billion (S$2.5 billion) on Thursday (Mar 7), helped by strong performance in...