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Aviva reattribution raises consumer group’s ire

In a process dogged by controversy since it began in November 2006, Aviva has announced completion of the reattribution of the inherited estate in its Norwich Union CGNU Life and CULAC with profits fu…

News Digest

Canadian insurers get government backing, New York Life bolsters bank channel capacity, The Hartford decides to go back to its roots, US banks record modest growth in 2008, Strong calls for accounting…

Norwich Union adds a new dimension to equity release

In a variation on the theme of home equity release, UK insurer Norwich Union (NU) has launched a service that assists homeowners to realise a portion of the value of their homes by downsizing to a sma…

Go-ahead for Aviva reattribution

After two failed attempts and 18 months of negotiations, UK insurer Aviva has been given the go ahead by policyholder advocate Clare Spottiswoode to proceed with a reattribution offer to the one milli…

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