Tag «Aviva»

Aviva completes the acquisition of an additional 23% share in Aviva India

  New Delhi, May 3, 2016: Aviva plc (“Aviva”)today announced that it has completed1 the acquisition of an additional 23% share in Aviva Life Insurance Company India Limited from its joint venture partner Dabur Invest Corp (a part of the Dabur Group) (“Dabur”). The acquisition follows recent regulatory changes which allowed Aviva to increase its shareholding to 49%, being the maximum …

Aviva rolls out Aviva Affluence – A ULIP for HNIs

Choice of premium payment term, starting from 5 years Range of seven fund options to choose from Exclusive services like dedicated product expert on call New Delhi/ Mumbai, March 21, 2016: Aviva Life Insurance has announced the launch of its new Unit-Linked Insurance Plan – Aviva Affluence. It is an exclusive product aimed at high net-worth individuals …

Aviva to increase stake in Indian business to 49%

Aviva Plc, today announced its plan to increase the stake in its India business to 49%. Aviva India is a joint venture between Dabur Invest Corp (DIC) and Aviva with Aviva currently holding a 26% stake in the venture. David McMillan, CEO Aviva Europe and India, said   “The increase of Foreign Direct Investment limits …