Aviva group chief executive Andrew Moss has allegedly revealed that the firm may consider offers worth around £1bn for its US life assurance business, according to reports in the FT.
The admission, which apparently came at a recent meeting attended by a group of investment managers, comes six years after Aviva acquired the business - including debt - for around £2bn.
It is believed that the disposal of its US business could be part of a core strategy for share price improvement, while the FT report also claims a shift in strategy could be a result of the imminent entrance of new chairman John McFarlane in June.
