22 December, 2003
The more than 46,500 Aviva Canada Inc
(formerly CGU) auto insurance policyholders in Nova Scotia will be
receiving rebates before the end of the month.
Aviva is also pleased to confirm its continued commitment to Nova
Scotians and the Nova Scotia marketplace, thanks to recent progress
in determining appropriate regulations for insurance in the
province.
Aviva is proud of our commitment to our policyholders and broker
partners in Nova Scotia. We’re still here; our commitment has
not wavered since 1912, when we began insuring residents of this
province,” says Aviva’s president and CEO, Igal
Mayer.
"Bill 1, with the accompanying regulations recently announced,
represents major reform to automobile insurance in the province. It
is a positive step to ensure Nova Scotians can receive automobile
insurance from a competitive marketplace, with premium rates that
will be substantially lower and more stable than recent
years,” says Mr Mayer.
"We will continue to work with the provincial government to
implement solutions that will be to the benefit of all parties
– regulators, insurers, our broker partners, and most
importantly, residents of the province of Nova Scotia.”
"Continued automobile insurance reform aimed at achieving a balance
between affordability of insurance and claims costs will ultimately
be to the benefit of consumers,” agrees Jennifer Power,
senior vice-president of Aviva’s Atlantic region. “We
are glad to be a part of positive progress resulting from
cooperation between the provincial government and our
industry.”
In total, Aviva is issuing more than $4,000,000 in rebate cheques
to its automobile insurance customers in Nova Scotia.
Aviva Canada Inc is one of Canada’s leading property and
casualty insurance groups. Its member companies include Aviva
Insurance Company of Canada, Scottish & York, Aviva Elite,
Aviva Traders and Pilot Insurance Company. Visit us at
avivacanada.com.
-ends-
For more information contact:
Jennifer Power
Senior Vice-President,
Aviva, Atlantic Region
902-460-3136