UBS says Aviva will need more than £8bn to sell, so deal off
A UBS analyst reports says RSA must offer more than £8bn to buy Aviva’s general insurance business so the deal will not happen, City Am reports.
Merrill Lynch put the price at £5.8bn. UBS said: “Aviva is [dependent] on its general insurance business for cashflow and profits… the deal is unlikely to happen.”
The Times continued to highlight concerns over RSA’s bid calculations.
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.
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