Aviva buys AIG's UK protection business for £460m
(Sharecast News) - British insurer Aviva on Monday said it had bought AIG's UK protection business for £460m.
Read moreMon, 26th Jul 2021 13:31
(Sharecast News) - British insurer Aviva on Monday said it had bought AIG's UK protection business for £460m.
Read more(Alliance News) - Stock prices in London mostly picked up at midday Friday, after investors shook off the steep falls suffered on Wall Street.
Read moreWatchstone Group PLC - former insurance software provider originally called Quindell; now cash shell pursuing litigation claims - Pretax loss widens to GBP6.0 million in six months that ended June 30 from GBP2.1 million a year before. Has no revenue, so loss is due to higher administrative expenses. These primarily are legal costs, including GBP4.9 million for Watchstone's claim against PricewaterhouseCoopers LLP. The High Court dismissed Watchstone's claim, and while it seeks permission to appeal, Watchstone must pay PwC's legal costs, as well as its own. Other outstanding claims are against Aviva Canada, part of Aviva PLC, and against UK tax collector HMRC over the recovery of historic VAT. "We remain focussed on realising the group's remaining litigation assets as efficiently as possible and are confident of returning further cash sums to shareholders in due course," Watchstone says.
Read more(Alliance News) - The FTSE 100 dipped into the red at the close on Wednesday, weighed down by news that the UK economy shrank more than expected in July, just one week before the Bank of England's next interest rate decision.
Read more(Alliance News) - Stock prices in London were lower at midday Wednesday as investors eyed a key US inflation reading later in the day, ahead of the Federal Reserve's interest rate decision next week.
Read more(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of a key US inflation reading, which might impact future interest rate decisions.
Read more(Alliance News) - Aviva PLC on Wednesday said it has agreed to sell its quarter ownership of Singapore Life Holdings Pte Ltd to fellow shareholder Sumitomo Life Insurance Co for a total of SGD1.4 billion, about GBP800 million.
Read more(Sharecast News) - UK insurer Aviva on Wednesday said it had agreed to sell its 25.9% stake in Singapore Life Holdings (Singlife), together with two debt instruments, to Sumitomo Life for £800m in cash.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
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