Aviva share price up on speculation AXA could follow RSA with bid

Aviva's share price rose today on rumours that French giant AXA could join RSA by submitting a bid for parts of the business.

At 4:05pm its share price had risen 4.58% or 17.3p to 395.20p on speculation that AXA could be interested.

It follows a similar leap in the price on Friday after it was revealed that Aviva had rejected a £5bn offer from RSA for its general insurance business.

In June, AXA sold its life business to Resolution for £2.75bn but said it remains committed to its UK general insurance unit, currently headed by chief executive Philippe Maso.

Aviva issued a statement on Monday confirming it rejected the RSA bid because the offer undervalued the business.
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RSA said its offer was "fair value" and remains open to discussions with Aviva.

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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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