Aviva
Legal & General and Aviva opting for Ireland post-Brexit
Legal & General will shift some of its business to Dublin once Britain leaves the European Union, while rival insurer Aviva is in the process converting its Irish life and general insurance branches into subsidiaries as the firms prepare for the post-Brexit environment.
Aviva to reduce Spanish presence with €475m life unit sale
Aviva will sell interests in two bancassurance agreements and a life business to Santalucia, raising €475m (£403m, $517m), as the UK insurer looks to wind down its operations in Spain.
Aviva takes full control of Vietnam life company joint venture
Aviva’s life insurance joint venture in Vietnam has become a wholly-owned subsidiary after the UK insurer acquired the entire 50% share capital of its former partner, VietinBank.
PEOPLE MOVES: Money Advice Service, Schroders, Aviva
The Money Advice Service has named its new chief executive, while a Schroders veteran confirms his “non-dramatic” departure. Aviva Investors has appointed a senior client solutions director.
PEOPLE MOVES: AMP, Aviva, Sun Life Financial
Australian insurer AMP has completely overhauled its advice business and announced a raft of senior changes, while Aviva Asia and Sun Life Financial both made a series of executive appointments this week.