Aviva completes sale of Aviva France in £2.8bn deal

Aviva to focus on UK, Ireland and Canada

clock • 1 min read

Aviva has completed the sale of its French business to Aéma Groupe in a €3.2 billion (£2.8bn) cash deal.

Aviva today confirmed the sale of its French life, general insurance, and asset management business,  having first announced the transaction in February.    The move forms part of its wider transformation strategy to focus on core markets in the UK, Ireland, and Canada. Aviva chief executive, Amanda Blanc, said: "This is a very significant step forward for Aviva. It greatly simplifies the company as we focus on our core businesses in the UK, Ireland and Canada. "I am confident that Aéma, with its strong insurance heritage and reputation, will be an excellent owner of Aviva Fr...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

New non-exec director for Holloway Friendly

New non-exec director for Holloway Friendly

John Gunn takes the role

Cameron Roberts
clock 27 February 2026 • 1 min read
Bupa launches master trust offering for healthcare

Bupa launches master trust offering for healthcare

Businesses can self‑fund healthcare

Jaskeet Briah
clock 27 February 2026 • 1 min read
Advisers predict growing protection demand: The Exeter

Advisers predict growing protection demand: The Exeter

Rising costs is the biggest challenge

Cameron Roberts
clock 26 February 2026 • 1 min read