Fitch has assigned Aviva Group's £1bn direct capital instrument (DCI) issue a final rating of ‘A-'.
The DCI was issued by Aviva in two tranches, one in euro and the other in sterling.
The sterling issues was worth £500m and is callable from 2014, while the euro issue is for €700m and is callable from 2020.
The proceeds of the issue, Aviva said, will be used to repay senior debt resulting in a reduction of adjusted leverage.
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.
