Aviva chief executive Andrew Moss says the insurer is ‘comfortable’ with its exposure to sovereign debt of troubled European economies Greece, Italy, Ireland, Portugal and Spain.
Aviva holds £900m in Italian bonds and £500m with the rest of the peripheral countries of Ireland's, Portugal, Greece and Spain, Bloomberg reports.
“We’ve reduced exposures over the last couple of years as we’ve seen some of these problems coming down the track,” Moss said.
“All of our exposures are within risk appetite,” he said. “We’ve done lots of contingency planning around any potential outcome, and we feel comfortable with our ability to withstand any of that given the very strong capital position that we have.”
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.
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.
