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On 11 September 2012, AIA acquired a 92.3% stake in Sri Lankan insurer Aviva NDB Insurance from British insurer Aviva and Sri Lanka's National Development Bank (NDB). AIA also entered into an exclusive 20-year bancassurance agreement with NDB, one of Sri Lanka's largest financial conglomerates with a nationwide bank branch network. [9]
The name of the company upon its formation in May 2000 was CGNU plc and was created when Norwich Union merged with insurer CGU. [7] In April 2002, the company's shareholders voted to change the company name to Aviva plc, an invented palindrome word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide.
The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was ...
NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading slightly lower on Tuesday in the premarket session. The firm announced that it has entered into a definitive agreement to acquire Aviva ...
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, ...
19th-century Norwich Union fire insurance mark on Hugglescote Wesleyan Chapel, Leicestershire, England Norwich Union offices in Leeds, West Yorkshire, England. Norwich Union was founded in 1797 in Norwich, when 36-year-old merchant and banker Thomas Bignold formed the "Norwich Union Society for the Insurance of Houses, Stock and Merchandise from Fire", a mutual society owned by the ...
Botswana: National Development Bank of Botswana (NDB Botswana) Ethiopia: Development Bank of Ethiopia (DBE) Ghana: Agricultural Development Bank of Ghana (ADB) Kenya: Development Bank of Kenya (DBK) Mozambique: Banco Nacional de Investimento (BNI) Nigeria: Bank of Industry (BOI) Rwanda: Rwanda Development Bank (BRD)
Aviva India is an Indian life assurance company. It is a joint venture between Aviva plc , a British assurance company, and Dabur Group, an Indian conglomerate . Aviva began operations in July 2002 as a joint venture with Dabur Group, one of India's oldest business houses.