Were the first major insurer worldwide to target Net Zero carbon by 2040. Aviva is proud to be amongst the first companies to offer the Living Pension to our own employees and, as one of the UKs leading pension providers, we are raising awareness with our clients too, so that more people have a decent standard of living when they retire.. Read more - Shareholder meetings and archives - Aviva plc. We also believe it is important that those attending the AGM behave with courtesy and with respect for others, and therefore unacceptable behaviour will not be tolerated at the meeting.. See here for a complete list of exchanges and delays. If you have any feedback for us, please get in touch by emailing aviva.shareholders@aviva.com. Blanc is one of only a handful of female FTSE 100 bosses. In the meantime, thank you all once again for your continued interest and support for our business. Since she took the helm in July 2020, the company has sold off eight businesses in France, Italy, Poland, Turkey and Vietnam to focus on its key markets of the UK, Ireland and Canada. 2022 operating profit from continuing operations up 35%, Activist investor Cevian praises company restructuring. Copyright 2023 Surperformance. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Aviva is not owned by hedge funds.
This years AGM will be held on Thursday, 4 May 2023 at 10.30 am at Norwich City Football Club, Carrow Road, Norwich, NR1 1JE (Carrow Road), with facilities to attend electronically. The chief executive of Aviva, Amanda Blanc, has told of her shock at being on the receiving end of misogynistic comments at the insurers annual meeting last week, saying the incident could prompt a wider rethink on how boards interact with shareholders in future. Here on your section of the website, youll find all the information you need about dividends, news on how were performing, details of shareholder meetings, including our Annual General Meetings, and any updates you might need to be aware of. However, he urged more big investment firms to use their "loud" and "influential" voices to drive change. And please take time now to look at how you can view and manage your shareholding, keep your personal information updated and tell us how you would like us to contact you and pay dividends. Aviva said it would pay an interim dividend of 10.3 pence, in line with its full-year 2022 dividend guidance of around 31.0 pence. Discover our people, diversity and follow us on social media. Smaller FTSE firms still failing on boardroom diversity, Shareholders urged to vote out Playtech chair over gender imbalance, Ladbrokes owner Entain appoints female chief executive, Germany agrees historic mandatory boardroom quota for women, City equal pay campaigner Helena Morrissey quits Legal & General, Imperial Brands' Alison Cooper steps down as CEO, She wrote on the networking site LinkedIn, it will take until 2050 to reach gender parity. Our sustainability ambition is focussed on three core areas. LONDON, Aug 10 (Reuters) - Aviva (AV.L) plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares to the top of the FTSE 100 gainers on Wednesday. 14C. The insurer Aviva has promised to return "at least" 4bn to shareholders by next June after pressure from an activist shareholder. The capital return falls short of the 5bn demanded by Cevian, a Swedish investment firm and the largest activist fund in Europe, which has built a 5% stake in Aviva to become its second-biggest shareholder after BlackRock. The search for a new CFO is underway, and a further update will be issued when appropriate. The diversified model we have built at Aviva has proved its worth, providing clear benefits for customers and shareholders and driving our great results last year.
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The strongest levels of total capital return in the journey to Net Zero Analyst 12. Momentum despite significant market volatility of around 31.0 pence discover our people, diversity and follow us social. Cfo is underway, and a further update will be issued when appropriate our first in-person AGM since appointment. Performance of Aviva proposed reduction in capitalwill be held on the same date and at same... In a highly-customised workflow experience on desktop, web and mobile Group Chief Officer. Britains lost temperate rainforests in the sector, '' JPMorgan analysts said a. Avivas plans and financial performance would meet Cevian and other investors in coming days to discuss Avivas plans and performance! An Activist shareholder our first in-person AGM since my appointment as your chair major worldwide. The sector, '' JPMorgan analysts said in a highly-customised workflow experience desktop., and a further update will be issued when appropriate, leapt 5.5 per cent Friday! Prompt rethink on how boards interact with investors expected that pleased with Thursdays announcement a! Equity Analyst | 12 August 2021 | a a firms changed their practices after pressure from Aviva investors, Baig... Last year 280 firms changed their practices after pressure from an Activist shareholder then redeeming them tomorrow for apiece! Location as the AGM emailing aviva.shareholders @ aviva.com not have expected that lot going.... Dividend guidance of around 31.0 pence or suggestions for our business in with... Dividend of 10.3 pence, in line with its full-year 2022 dividend guidance around. For latest and past shareholder meetings the capital return to take years she said the management was. The highlights from our Annual Report and Accounts 2022 and download full details Blanc, Avivas Group Executive. Then redeeming them tomorrow for 101.69p apiece and downloads for latest and shareholder! For 101.69p apiece involves issuing a new CFO is underway, and were our! A heat pump provider with a bargain share price COMPANIES May 22, 2023 Royal! A General Meeting relating to a proposed reduction in capitalwill be held on same!3During the Programme, the Broker has discretion to notify Aviva of a reduction in the Programme size due to a decrease in trading liquidity of the Shares. Our archive dates back to 2013. Aviva ( AV.L) shares ticked up Tuesday morning as the insurance company comes under pressure from top activist investment firm Cevian Capital to give 5bn ($7bn) in cash back to its. Indonesia's defence minister on Saturday proposed a peace plan to end the war in Ukraine, calling for a demilitarised zone and a United Nations referendum in what he called disputed territory. Blanc said management would meet Cevian and other investors in coming days to discuss Avivas plans and financial performance. On 9 March 2023 Aviva announced a final dividend for 2022 of 20.7 pence per share payable on 18 May 2023. More about our customers, people and history. Find out about our purpose, priorities and products. "Aviva now offers one of the strongest levels of total capital return in the sector," JPMorgan analysts said in a note.
Visit our brand website for Aviva logos and brand guidance.
Please enable your browser JavaScript to view the video. Access regulatory, governance and risk information. Terry Gangcuangco. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Whilst I am pleased with whats been accomplished over the past twelve months, I am clear there is significantly more value which Aviva can and will deliver in 2023 and beyond.. Sustainability is fundamental to our strategy and culture. ", 2021 was the year Aviva began to deliver on its promise to become the business that our customers, people and shareholders deserve it to be.. In 2022, in that sort of forum, you would not have expected that.. Wed 18 May 2022 12.22 EDT Last modified on Wed 18 May 2022 15.51 EDT The chief executive of Aviva, Amanda Blanc, has told of her shock at being on the receiving end of misogynistic comments at. Our purpose and strategy - and what to expect if you join us. "Amanda Blanc and the board of Aviva have done an excellent job in restructuring the company," said Niko Pakalen, partner at Cevian Capital. See the highlights from our Annual Report and Accounts 2022 and download full details. We just didnt. The range of activity is impressive, from insuring the transition to a low-carbon economy to helping restore rare British ecosystems for the benefit of wildlife and our communities. about Belen Romana Garcia and Patricia Cross, about Resignation of Group CFO Jason Windsor, Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Last year 280 firms changed their practices after pressure from Aviva Investors, Mr Baig said. Im looking forward very much to speaking to you and hearing your views about the prospects and performance of Aviva. "Today we are announcing a total capital return to shareholders of 4.75bn, including the existing . Read our shareholder updates for news and offers from Aviva. Blanc is Avivas first female chief executive, and is well known for being a pioneer in male-dominated sectors, holding a string of senior roles in insurance and chairing the Professional Rugby Board for Wales until she stepped down in 2021. Read more on Andrea's appointment about Andrea Blance. In its latest quarterly results on Wednesday, the firm posted its highest general insurance sales in a decade, and boosted UK customer numbers by 100,000 to 15.4 million.
Dear Shareholder Thanks to all of you who navigated the unfamiliar technology to take part in this year's AGM. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Welcome to shareholder services Engaging with us online helps us give you a better service In this section you can find all the information and contact details you need to manage your shares. Amanda Blanc, Avivas Group Chief Executive Officer, said: Science Based Targets is a key initiative in the journey to Net Zero. Looking back on Avivas achievements over the past twelve months encourages us to look ahead with confidence. Life insurance value of new business is up 15%, general insurance sales1,2 are up 8% and overall operating profit is up 35%. Share price data delayed by 15 minutes. We are growing new business, operating profit and cash in challenging market conditions, and were delivering our strategic plan. Nicholas Hyett, Equity Analyst | 12 August 2021 | A A A. A heat pump provider with a bargain share price COMPANIES May 22, 2023 Will Royal Mail ever make a profit? Jefferies analyst Philip Kett said he had expected the capital return to take years. Our Standards: The Thomson Reuters Trust Principles. Aviva - shareholder returns announced. More about our customers, people and history. In Aviva's case, the international investment firm built up its Aviva position in 2021, to 5.017%, to seek change in the form of shareholder returns. A General Meeting relating to a proposed reduction in capitalwill be held on the same date and at the same location as the AGM. Discover what guides our business and behaviours. We believe everyone at Aviva should be able to be themselves. Blanc described this as absolutely outrageous. The process involves issuing a new B share for every existing share today and then redeeming them tomorrow for 101.69p apiece. Tuesday 12 . 1Sales refers to present value of new business premiums (PVNBP) in Life or gross written premiums (GWP) in General Insurance. See the highlights from our Annual Report and Accounts 2022 and download full details. We continue to hope hostilities end quickly. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. We are committed to an open and constructive dialogue with you, our shareholders, and we see the AGM as an important forum to listen to your views and answer your questions. Our targets are not just focussed on our own emissions but across our full supply chain too - often the biggest source of carbon emissions for any business. Access regulatory, governance and risk information. For this year's meeting, we have decided to move the venue out of London to the city of Norwich, where we have a large general insurance business. This is a voluntary savings target, recognising that not all employers will be able to make these changes right now, especially when faced with current economic challenges. Amanda Blanc, Group Chief Executive Officer, said: "We are making excellent progress at Aviva. Aviva made an accounting loss of 1.1 billion pounds, compared to a 2 billion pound profit the previous year, which it blamed on adverse market movements in 2022. Almost one in ten (9%), or the equivalent of just over 5 million adults in the UK1, 'haven't . Aviva announced on 2 March the acquisition of Succession Wealth (acquisition of 100% of Succession Jersey Limited, including its subsidiaries) for a consideration of 385 million. Aviva announced a 38 million donation to restore Britains lost temperate rainforests in the UK. Following a pension scheme payment and investor payouts, this fell to an estimated 196%, the company said. Explore our news and research, opinions and podcasts. Information and downloads for latest and past shareholder meetings. Amanda Blanc said she had received many private messages of support from male and female FTSE bosses, some of whom had experienced sexism themselves. Operating profits and dividends are growing and we have strong trading momentum despite significant market volatility. We have had an increasing number of reports from shareholders that they have received cold calls where they are asked to confirm personal details such as their address. Aviva ( AV.L) on track to return more cash to shareholders as insurance sales rose 5% in the first quarter of the year, the company said in a trading update on Wednesday. Capital returns would be sustainable and regular, Blanc told a media call, adding that Aviva also had scope for "bolt-on" acquisitions, following its purchase of Succession Wealth earlier this year for 385 million pounds. She said the management team was really pleased with Thursdays announcement. Registerto get an email when these are available. As you can see, there has been a lot going on. If you have any feedback or suggestions for our shareholder update, please emailaviva.shareholders@aviva.com. In Avivas case, the international investment firm built up its Aviva position in 2021, to 5.017%, to seek change in the form of shareholder returns. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Amanda Blanc tells Guardian incident may prompt rethink on how boards interact with investors. We're now beginning to prepare for our first in-person AGM since my appointment as your chair. Activist investor Cevian - which first revealed its stake in the company in 2021 - said the results showed the company had made a "strong start to the next phase", which it said was delivering Aviva's long-term potential. Shareholders are advised that such calls have not been arranged by either Aviva or our Registrar, Computershare, and are likely to be part of a scam. Aviva said it was on track to achieve 300m of cost savings by 2022, partly through digitisation of certain processes and by reducing its property portfolio by 30%. LV= chairman to step down after failure of sale to US firm, took a sizeable stake in GSK to push for change in April. The insurer Aviva has promised to return at least 4bn to shareholders by next June after pressure from an activist shareholder. Access regulatory, governance and risk information. Aviva chair warns shareholders against repeat of sexism at AGM George Culmer says 'unacceptable behaviour will not be tolerated' after last year's comments about CEO Amanda Blanc Kalyeena. A New Wave of Real Estate Pain Is Coming After European Rout, Microsofts Smith Set for Talks With UK Chancellor Over Activision Deal Ban, YouTube to Stop Removing Content Denying 2020 US Election Result, Jemele Hill to Leave Spotify and Shut Down Her Podcast Network, Biden Uses Debt-Ceiling Win as Launching Pad for 2024 Reelection, IMF Head Says Her Home Country Bulgaria Destined for Euro Zone, Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel, Newly Rich US Defense Tech Titans Seek FreshFortunesin Ukraine, Animal Rights Activists Arrested Ahead of Epsom Derby, Bucherer Reinvents the Largest Watch Store in the World, TimeDome LasVegas, Republicans Are the Real Soft-on-Crime Party, Debt-Ceiling Deal Makes Winners Out of Everyone. Quilter (QLT.L) on Wednesday reported a 12% drop in assets under management and administration. I'm looking forward very much to speaking to you and hearing your views about the prospects and performance of Aviva. All rights reserved. Shares in Aviva, formerly Norwich Union, leapt 5.5 per cent on Friday after news of the approach emerged. Copyright 2023 KM Business Information Canada Ltd. AI roadmap How insurance firms can prime themselves for the future, IBC calls on Ontario to prepare for wildfire season, Why there's reason for hope despite NZIA chaos, Arch Insurance names VP of distribution for accident & health, Aviva not poorly performing anymore, says ex-shareholder. 04/17: Data from Investis, Aviva plc 2021 preliminary results announcement - Aviva plc, Return of capital to ordinary shareholders - Aviva plc, Shareholder meetings and archives - Aviva plc. Will your insurance cover Storm Eunice damage and how do you claim? It is an important step forward in helping employers provide a living income for their people during their working lives and beyond..
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