Aviva Plc £AV - A Valuation On 24th May 2021
This robust insurance company has become quite a behemoth. They're retaining less equity, and growth is slowing, but they have a bright future.
The Story
The product of multiple merges, Aviva is one of the world’s largest insurance and financial services firms. The company was formed by the merger of CGU and Norwich Union in 2000 to create CGNU. The Norwich Union Fire Insurance Company was formed in 1797, while the Commercial Union Assurance Company was formed in 1861 after the Great Tooley St F…