Aviva completes consolidation through Polish sale

Following the sale of its French and Italian business units, the insurer confirmed the sale of Aviva Poland in a deal valued at €2.7 billion (£2.3 billion) to Allianz. Aviva Poland comprises Aviva's interests in life insurance business in Poland and Lithuania, and its Polish general insurance, asset management and pensions businesses, including a portfolio of financial advice, digital distribution and price comparison businesses. The Aviva Poland business to be sold also includes Aviva's 51% shareholding in life and general insurance joint ventures with Santander. Similarly to the sal...