Insurance News ME

Aviva says Amro ends Dutch joint venture

Aviva said its Dutch-based business Delta Lloyd has been notified that ABN Amro will end its 30-year bancassurance agreement and wants to buy out the insurer's share of the joint-venture.

Aviva to focus on bancassurance tie-ups

The top UK life insurer hopes to enter new markets in Asia including Indonesia, Vietnam, Thailand and the Middle Eastern countries this year.

Aviva joins hands with IndusInd Bank

In an effort to create awareness on the importance of life insurance and financial planning among the people of Kerala, Aviva Life Insurance has joined hands with IndusInd Bank to launch a social responsibility initiative.

Aviva results beat forecasts

British insurer Aviva beat forecasts with a 5 per cent rise in first-quarter sales and confirmed key growth targets, as a weaker result in its tough domestic market was offset by growth in its US and Asian arms.

Aviva says buying insurance arm of RBS 'would not make sense'

Aviva, Britain's biggest insurer, has ruled itself out of the running to buy Royal Bank of Scotland's general insurance division, leaving the way open for overseas insurers or buyout firms to snap up the business, which includes Direct Line and Churchill.

Norwich Union life insurance survey reveals UK protection gap

A survey by Norwich Union has revealed that apathy is leaving 20 million UK adults at financial risk because they don't have any form of life or income-related protection.

Bahrain bank, British firm in insurance JV

Bahrain-based award-winning investment bank Ahli United Bank is setting up an Islamic insurance company with a paid-up capital of $25 million and authorized capital of $200 million.

MNRB To Acquire 9.99 Pct Stake In British Islamic Insurance Firm

KUALA LUMPUR, April 9 (Bernama) -- MNRB Holdings Bhd announced Wednesday it will subscribe up to 71.676 million new "A" shares representing 9.99 percent of the issued share capital of UK-based British Islamic Insurance Holdings Ltd (BIIH) for up to 8.96 million pound sterling (about RM57.8 million).

Aviva, Woori to sign $145 mln S.Korea insurer deal

British insurer Aviva and South Korea's Woori Finance Holdings have agreed to buy a South Korean insurance company in a consortium for 137.1 billion won ($145.2 million), both companies said on Thursday.

Tesco Dental Insurance uncovers top smiles

Tesco Dental Insurance has polled the UK to discover the public's favourite celebrity smiles.