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LONDON (Reuters) – Aviva has agreed the sale of its operations in France for 3.2 billion euros ($3.89 billion) to Macif’s Aéma Groupe, as part of the British insurer’s shift to focus on its core operations in Britain, Ireland and Canada. London-based Aviva, led by boss Amanda Blanc, said the sale would increase excess capital by 2.1 billion pounds ($2.95 billion) and cash of around 2.8 billion pounds. Aéma Groupe, formed in January through the merger of French mutual insurer Macif Group...

LONDON (REUTERS) - Aviva has agreed the sale of its operations in France for 3.2 billion euros (S$5.14 billion) to Macif's Aéma Groupe, as part of the British insurer's shift to focus on its core operations in Britain, Ireland and Canada.. Read more at straitstimes.com.

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By Reuters Staff 2 Min Read LONDON (Reuters) - Aviva has agreed the sale of its operations in France for 3.2 billion euros ($3.89 billion) to Macif’s Aéma Groupe, as part of the British insurer’s shift to focus on its core operations in Britain, Ireland and Canada. FILE PHOTO: An Aviva logo on the window of the companys head office in the city of London, Britain March 7, 2019. REUTERS/Simon Dawson/File Photo London-based Aviva, led by boss Amanda Blanc, said the sale would increase excess ...