trending Market Intelligence /marketintelligence/en/news-insights/trending/fGzmBYQVcFOpiQAbh7tdLA2 content esgSubNav
In This List

Aviva boosts stake in Indian JV to 49%

Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work


Aviva boosts stake in Indian JV to 49%

AvivaPlc closed the acquisition of an additional 23% stake in from joint venture partner Dabur Invest Corp.

The acquisition boosted Aviva's stake in Aviva LifeInsurance to 49%, the maximum level of foreign direct investment in Indian insurers underlaw.

The transaction is expected to have a neutral impact onAviva's IFRS net assets. In 2015, Aviva Life Insurance contributed £36 millionto Aviva's IFRS net assets and £4 million to its profits.