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November 24, 2009 1:32 AM ET

Aviva Plc (AV:NYSE)

LAST $13.47 USD
CHANGE TODAY +0.189 1.42%
VOLUME 2.4K
As of 1:13 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Aviva Plc (AV)

OPEN
$13.45
PREVIOUS CLOSE
$13.28
DAY HIGH
$13.50
DAY LOW
$13.42
52 WEEK HIGH
10/21/09 - $15.05
52 WEEK LOW
11/3/09 - $12.40
MARKET CAP
18.4B
AVERAGE VOLUME 3 mo
8.8K
DILUTED EPS TTM
--
SHARES OUTSTANDING
1.4B
AV Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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AV Details

Aviva plc, an insurance company, provides life and pensions products in Europe, North America, and the Asia Pacific. The company operates in three segments: Long-Term Business, Fund Management, and General Insurance and Health. The Long-Term Business segment provides life insurance, long-term health and accident insurance, savings, pensions, and annuities, as well as lifetime mortgage products and services. The Fund Management segment invests policyholders’ and shareholders’ funds; provides investment management services for institutional pension fund mandates; and manages a range of retail investment products, including investment funds, unit trusts, open-ended investment companies, and ISAs. This segment serves third-party financial institutions, pension funds, public sector organizations, investment professionals, and private investors. The General Insurance and Health segment provides insurance cover to individuals and small and medium-sized businesses for risks associated with motor vehicles; property and liability, such as employers’ liability and professional indemnity liability; and medical expenses. The company also provides a range of creditor insurance products. In addition, it offers various banking products and services. The company has a strategic alliance with Emirates NBD PJSC and National General Insurance Co. PJSC to offer a range of long-term savings, investments, life insurance, and medical protection solutions to the bank's customers. The company was formerly known as CGNU plc and changed its name to Aviva plc in 2002. Aviva plc was incorporated in 1990 and is based in London, the United Kingdom.

54,758 Employees
Founded in 1990

AV Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Age: 51
Total Annual Compensation: £1.7M
Chief financial officer, Executive Director a...
Age: 55
Total Annual Compensation: £1.1M
Executive Director, chief executive of Aviva ...
Age: 44
Total Annual Compensation: £995.0K
Compensation as of Fiscal Year 2008.

Key developments for Aviva Plc (AV)

Delta Lloyd Eyes Insurance Assets Of ING Groep, ASR Verzekeringsgroep

Niek Hoek, Chief Executive of Delta Lloyd N.V. said that the firm will consider taking over the insurance assets of ING Groep NV and Fortis ASR Verzekeringsgroep N.V., once they become available. This comes in response to ING's announcement October 26 that it will sell all of its worldwide insurance operations in the coming years. The Dutch government wants to privatize ASR Verzekeringen when market circumstances are favorable. Aviva PLC has also expressed interest in ING’s insurance assets, but Delta Lloyd’s Chief Financial Officer, Peter Kok said that he does not expect Aviva and Delta Lloyd to become competitors on the Dutch insurance market.

Aviva plc, Q3 2009 Earnings Call, Nov--04-2009

Aviva plc, Q3 2009 Earnings Call, Nov-04-2009

Aviva Eyeing ING’s Insurance Business

The Asia Pacific CEO at Aviva PLC, Simon Machell said on November 4 that while the group is interested in the insurance business of ING Groep NV, absorbing all of it would be difficult. In an interview with Dow Jones Newswires, Machell said the Dutch group has "concentration in some markets which may be hard for us to integrate into our business today." He did not reveal which of ING's markets Aviva would be more or less likely to take an interest in. "There are individual ING countries, which we may be interested in where it has a complimentary impact on our businesses already," Machell said. "Would we want to look at the whole lot? I'd say that's probably more challenging." Earlier on November 4, the group CEO of Aviva, Andrew Moss, said the company would look into whether it could acquire the insurance assets.

Stock Quotes

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AV $13.47 USD +0.189
SBC (CA) C$11.00 CAD 0.00
LLY $36.80 USD +0.21
ABT $53.13 USD -0.51
HLEX (MY) 0.71 MYR -0.01

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AV Competitors

Company Last Change
American International Group Inc $35.28 USD +0.18
ING Groep €9.59 EUR +0.347
Muenchener Rueckversicherung €105.81 EUR +1.78
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation AV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 26.3x
Price/Book 104.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 26.2x

AV

 | 

AV transactions

Type
Date
Target
Private Placement
September 28, 2009
Kendrion NV
Merger/Acquisition
August 18, 2009
Arc International plc
Merger/Acquisition
July 21, 2009
Aviva plc, Sainsbury's 2,20,000 sq ft Warehouse in East Kilbride
View More AV Transactions...

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