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Get latest articles and stories on Latest News at LatestLY. UK-based insurer Aviva plc on Friday said it has picked up an additional 25 per cent stake from Dabur Invest Corp in their joint venture Aviva Life Insurance Company India Limited (ALICIL). Latest News | Aviva Hikes Stake in Life Insurance JV to 74 Pc. ....
Get latest articles and stories on Latest News at LatestLY. Private life insurer Aviva Life Insurance Company India has appointed Asit Rath as its Chief Executive Officer and Managing Director. Latest News | Aviva India Appoints Asit Rath as CEO and MD. ....
· Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai 2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt and thrive as our businesses accelerated the pace at which they adopt technology and embraced digital ways of working. High levels of uncertainty remain in respect of this year, however, given the continuing impact of the pandemic. The Group s performance in the first part of 2021 is expected to be affected in particular by the conti ....
Headlines · Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai · Dividend maintained at US $1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet · Separate announcement of offer to acquire remaining c.15 % of Jardine Strategic for US$33 per share in cash 2020 has brought major challenges to our teams and businesses, but also de ....