Aviva completes acquisition of Optiom

Aviva plc (“Aviva”) today announces that its Canadian business has completed the acquisition of Optiom O2 Holdings Inc (“Optiom”) for consideration of c.£100m1 (c.CAD$170m).

The acquisition supports Aviva’s capital-light growth in the attractive Canadian market and strengthens Aviva Canada’s specialty lines business and distribution capabilities.

The acquisition of Optiom was announced on 27 November 2023.

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1.       Based on GBP/CAD spot rate of 1.69 as at 3 January 2024.

Enquiries:

Media:

Andrew Reid
+44 (0)7800 694 276

Marion Fischer
+44 (0)7800 693 219

Analysts:

Rupert Taylor Rea
+44 (0)7385 494 440

Michael O'Hara
+44 (0)7837 234 388 

Notes to editors:

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