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Blanc says there ‘may be better owners’ for Europe and Asia business amid UK investment

By 2020-08-06T10:21:00

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In a briefing call with journalists, Blanc outlined a three-pronged strategy to unlock Aviva’s ‘enormous potential’, including being ‘selective about where we participate’

Aviva chief executive Amanda Blanc confirmed this morning that “there may be better owners” for the insurer’s Europe and Asia businesses as Aviva instead focuses its investment spend on its UK, Ireland and Canada markets “with the aim of being the leading UK insurer”.

Following the publication of the firm’s H1 2020 results this morning, Blanc told journalists in a briefing call that she plans to “concentrate Aviva around our strongest businesses in the UK, Ireland and Canada, with the aim of being the leading UK insurer”.

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