Image source: Getty Images Over the past 12 months, a stream of blue-chip dividend champions has announced dividend cuts, walloping income investors. Companies such as Vodafone, Royal Mail and Marks & Spencer, which were once some of the biggest dividend payers in the UK, have all decided to slash their distributions recently. And it looks as if there are further reductions on the horizon as well. Indeed, BT has recently said that it could reduce its payout to accelerate investment in its fibre networks across the UK. Aviva (LSE: AV) has said its 7.8% dividend yield is safe for the time being, but some City analysts are sceptical. They believe the group’s new CEO, Maurice Tulloch...
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When does Aviva report earnings? Aviva reports earnings for the first half (H1) of its financial year on 8 August. Aviva earnings: what does the City expect? Aviva is expected to report operating profit of £1.38 billion, while earnings per share are expected to fall 0.9% to 26.6p. The firm has beaten forecasts for earnings in four of the last seven updates. Aviva continues to retain an attraction for investors as a dividend stock. As an insurer, it has a powerful stream of income from customers, which allows it to maintain a healthy pay-out for investors. The full-year number for 2019 is expected to be around 7.7%, which is significantly above the 2.5% available for monthly saver bank...
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IPB 113: The Stumbling Blunders of Accordia Life Insurance Company aka Global Atlantic Today’s topic is not so much about the mechanics of everyday life insurance but diverges into the seedy underbelly of the industry and the problems that certain transactions have caused. Well, one particular transaction is in the news as we speak and rightfully so. We’re revisiting a topic that we covered six years ago, and there was doubt expressed even then. Saying that we predicted it would be wrong, but there was definitely some warranted skepticism. Just recently, the state of California issued an order to “Show Cause and Accusation,” which could lead to a cease and desist against Athene...
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Critical Illness Insurance Market Trend 2019 Worldwide Outlook with Key Players – China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva Critical Illness Insurance The Global Critical Illness Insurance Market Research Report Forecast 2019-2025: This report studies the Critical Illness Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Critical Illness Insurance market by product type and applications/end industries. Critical Illness Insurance market size was 25600 million US$ and it is expected to reach 79400 million...
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Aviva has completed a large cost cutting plan in its UK life insurance business, switching off hundreds of legacy IT systems and driving through large cuts in staff numbers. The move signifies the first operations in which Aviva has completed original cost cut plans. Globally, it is attempting to remove half a billion pounds by 2010. The insurance giant, which trades as Norwich Union in the UK until all operations are called Aviva from next month, said it had switched off over 300 of its 550 legacy systems in UK life insurance, and reduced the number of core systems from 20 to 4, driven through by chief information officer Ian Butterworth. It had migrated 2.7 million policies from old...
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Aviva India Aviva India is an Indian life assurance company, and a joint venture between Aviva plc, a British assurance company, and Dabur Group, an Indian conglomerate. Aviva began operations in July 2002 as a joint venture with Dabur Group, one of India’s oldest business houses. As per the Indian insurance sector regulations, Aviva plc has a 49% stake and Dabur has a 51% stake in the JV partnership. Operations [ edit ] Aviva India employs close to 3000 people, over 9,000 Financial Advisers with 121 branches across the country. Distribution [ edit ] Aviva has a balanced distribution network through Assurance, Direct Sales Force and online products. This includes a direct sales force of...
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