Life
aviva posts 3bn loss as international cull
The UK’s largest insurer Aviva has slashed its full year dividend and reported a loss after tax of £3.05bn for 2012, with shares of the FSTE 100 company falling by up to 16% during trading in London this morning.
Legal and gen boosts intl assets by a third
Legal & General Investment Management’s international assets jumped by just over a third in 2012 to £43bn, which accounted for more than 10% of the total amount under management.
Aviva to sell Russian business
Aviva has sold its Russian life and pensions operations to a non-state pension fund in the country for 35m.
rdr tax evasion and the international life
The Retail Distribution Review and the UK Government’s rhetoric on tax evasion were among the challenges discussed at a roundtable event held by International Adviser earlier this month.
Regular premium focus pays off for RL360 in 2012
A strategy change for Royal London RL360° at the start of 2012 has paid dividends, according to the latest results, with the company boasting a 52% increase in sales of its regular savings business over the year.