Aviva continues sell off

Aviva says that its chosen presence in Europe combines the large, developed economies of the UK, France, Spain, Ireland, Italy, and Poland with the emerging markets of Turkey and Russia, providing “strength and scale in some of the largest and most attractive insurance markets in the world.” Completion for this transaction, which is subject to regulatory approvals in each jurisdiction, is hoped to be sometime this year. Group Chief Executive Andrew Moss, announcing the sell off, said, “We are pleased to have agreed the sale of our businesses in Czech Republic, Hungary and Romania to MetL...