Aviva

Aviva's director of distribution development Stephen Gay has been named as the new director general of AIFA, replacing Chris Cummings.

Aviva bagged three accolades at the What Mortgage Awards 2010, for best landlord insurance provider, best lifetime mortgage provider, and best home reversions provider.

RSA's bid for part of Aviva's general insurance business could still happen but only if the offer is raised by around 10%, according to shareholder Ignis.

Aviva Investors has launched its Defined Returns Fund 6 linked to the FTSE 100.

Legal & General's shares have gained 3% to reach a near two-year high on rumours Swiss insurer Zurich Financial is preparing a takeover bid.

Aviva's share price has received a boost today amid rumours of bid interest from French peer Axa.

Chairman of Aviva Lord Sharman said today the rejection of a buyout bid from RSA was an undisputed board decision.

Aviva has turned down an estimated £5bn bid from rival RSA for its general insurance operations in the UK and other markets.

Allan Bridgewater, who died on 5 August aged 74, was a true giant of the insurance industry.

The UK market will continue to shift towards protection says Aviva's Toby Strauss, after the insurer reported its third consecutive quarter of life sales growth.