Aviva
 |
|
| Public limited company | |
| Traded as | : : AV |
| Industry | Financial services |
| Predecessor |
CGU plc Norwich Union |
| Founded | 2000 (by merger) |
| Headquarters | St. Helen's Tower, London, United Kingdom |
|
Key people
|
Sir Adrian Montague (Chairman) Mark Wilson (CEO) |
| Services |
Life insurance Pensions General Insurance |
| Revenue | £23,728 million (2015) |
| £2,286 million (2015) | |
| £1,079 million (2015) | |
|
Number of employees
|
28,000 (2015) |
| Website | aviva |
Aviva plc /ˈævɪvə/ is a British multinational insurance company headquartered in London, United Kingdom. It has around 33 million customers across 16 countries. In the UK, Aviva is the largest general insurer and a leading life and pensions provider. In addition, Aviva has a focus on five markets in Europe and, in Asia, the company is focused on the growth markets of China and South East Asia. Aviva is also the second largest general insurer in Canada.
Aviva has a primary listing on the and is a constituent of the FTSE 100 Index. It has a secondary listing on the .
The name of the company upon its formation in May 2000 was CGNU plc. In April 2002 the company's shareholders voted to change the company name to "Aviva plc", an invented word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide. In April 2008 Aviva announced that it would adopt the "Aviva" name as its worldwide consumer-facing brand, and that the Norwich Union brand would be phased out in the United Kingdom.
Aviva can trace its history back to the establishment of the Hand in Hand Fire & Life Insurance Society in London in 1696.
It was created by a merger of two British insurance firms, Norwich Union and CGU plc (itself created by the 1998 merger of Commercial Union and General Accident) as CGNU in 2000. The Aviva name was adopted in July 2002. Thereafter, most of the group operations, except for some strong local brands, were carried out under the uniform brand "Aviva".
During March 2005 Aviva acquired the RAC plc breakdown recovery operation for around £1.1 billion.
In July 2006, Aviva greatly increased its presence in the United States by acquiring AmerUs Group, a Des Moines-based financial services company founded in 1896 in a $2.9 billion (£1.6 billion) deal. AmerUs Group was rebranded as Aviva USA when the acquisition was completed.
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Wikipedia