5 July 2012 Insurance

Selling business could be tricky for Aviva, says analyst

Aviva could face challenges in selling 16 of its businesses in the current environment, according to Investec analyst Kevin Ryan.

However, he also noted that the strategic review had gone to the heart of the Aviva problem: that the group has too many operations that do not make enough money.

“This sharper focus is to be applauded,” he said.

The insurance group has embarked on a restructuring programme that includes putting 16 of its businesses up for sale.

This is part of a strategy to increase profits and financial stability through the sale of non-core businesses.


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More on this story

Insurance
27 November 2023   The acquisition to fuel its capital-light growth in the Canadian insurance market.
Insurance
25 September 2023   The deal is part of Aviva’s strategy to expand its capital-light businesses.
Insurance
1 September 2023   Former AXA Health chief named CEO of Aviva Canada; a 20-year vet takes top UK role.

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