Aviva sells its Czech, Hungarian and Romanian businesses
Andrew Moss, group chief executive of Aviva, said: “We are pleased to have agreed the sale of our businesses in Czech Republic, Hungary and Romania to MetLife. This transaction is another step to further focus the group on our priority markets.”
Aviva Romania Life is the seventh largest life insurer in Romania, measured by gross written premiums as at 30 September 2011. In turn, Aviva Romania Pensions is the fourth largest for mandatory pensions and sixth largest for voluntary pensions in Romania, measured by the number of participants as at 30 November 2011.
Aviva is the world’s sixth largest insurance group - based on gross worldwide premiums at 31 December 2010 - serving 44.5 million
customers across Europe, North America and Asia Pacific. Its main business activities are long-term savings, fund management and general insurance, with worldwide total sales of
47.1 billion British pounds and funds under management of 402 billion British pounds at
31 December 2010. The company is the largest insurance services provider in the UK and one of the leading providers of life and pensions products in Europe. It provides life, general and health insurance products to more than
32 million customers.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit
programs, serving 90 million customers in over 50 countries. Through its subsidiaries and
affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East.
Aviva Romania Life is the seventh largest life insurer in Romania, measured by gross written premiums as at 30 September 2011. In turn, Aviva Romania Pensions is the fourth largest for mandatory pensions and sixth largest for voluntary pensions in Romania, measured by the number of participants as at 30 November 2011.
Aviva is the world’s sixth largest insurance group - based on gross worldwide premiums at 31 December 2010 - serving 44.5 million
customers across Europe, North America and Asia Pacific. Its main business activities are long-term savings, fund management and general insurance, with worldwide total sales of
47.1 billion British pounds and funds under management of 402 billion British pounds at
31 December 2010. The company is the largest insurance services provider in the UK and one of the leading providers of life and pensions products in Europe. It provides life, general and health insurance products to more than
32 million customers.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit
programs, serving 90 million customers in over 50 countries. Through its subsidiaries and
affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East.
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