View more on these topics

Aviva offloads Turkish general insurance arm

Aviva has announced the sale of its Turkish general insurance arm Aviva Sigorta A.S for an undisclosed sum.

The sale of the business to a private equity consortium is part of the insurer’s strategy to narrow its focus and cut costs globally.

Aviva says its Turkish life and pensions business, AvivaSA, is unaffected by the deal.

The sale of Aviva Sigorta remains subject to regulatory approval and is expected to complete in the first half of 2014.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com