Aviva plc (“Aviva”) today announces the completion of the sale of its Italian General Insurance business to Allianz and has received £284 million1 (€330 million) in cash consideration. The transaction was announced on 4 March 2021.
1. Using FX spot rate of £1/€1.16
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Rupert Taylor Rea
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Notes to editors:
- For information on how Aviva is helping our people, customers and communities impacted by COVID-19 visit: www.aviva.com/covid-19-our-response/
- We exist to be with people when it really matters, throughout their lives. We have been taking care of people for more than 320 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2020, we paid £30.6 billion in claims and benefits to our customers.
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- At 30 June 2021, total Group assets under management at Aviva Group are £522 billion and our Solvency II shareholder capital surplus is £12 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
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