The transaction allows Aviva to become the majority shareholder, increasing its economic and operational control as it continues to transform the performance of the business.
Aviva International has been associated with India since 1834. Aviva Life Insurance Company India Limited is a joint venture between Dabur Invest Corp, one of India’s oldest and most respected business houses, and Aviva International Holdings Limited, a UK-based insurance group.
Aviva Plc is the UK’s leading Insurance, Wealth & Retirement business. Operating in the UK, Ireland, and Canada,they also have international investments in Singapore, China, and India. As of June 2022, total Group assets under management at Aviva Group are £353 billion and the company’s Solvency II shareholder capital surplus is £10.3 billion.