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Aviva India appoints Suresh Mahalingam as chairperson

Aviva India appoints Suresh Mahalingam as chairperson

by AIP Online Bureau | Apr 30, 2025 | Briefs, Life

Aviva Life Insurance Company India today announced the appointment of Suresh Mahalingam as its new chairperson. Currently, Mahalingam is an independent director Aviva’s board since July 2020. He has over 30 years of leadership experience across the BFSI and FMCG...
With REL ownership, Burmans have now stakes in all 3 segments of Indian insurance industry

With REL ownership, Burmans have now stakes in all 3 segments of Indian insurance industry

by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Burman Group, through its Dabur Invest Corporation, has already stakes in Aviva Life Insurance Company India Limited and Universal Sampo General Insurance New Delhi: After the Burman Group has taken control of Religare Enterprises Limited (REL), the holding company of...
UK’s Aviva conspired to dodge India compensation and tax rules, DGCI says

UK’s Aviva conspired to dodge India compensation and tax rules, DGCI says

by AIP Online Bureau | Aug 30, 2024 | Indian News, Life, Policy, Regulation

The case is part of broader investigation into over a dozen Indian insurers for alleged evasion of $610 million in unpaid taxes, interest and penalties. The roughly $26 million in fake invoices were used by Aviva incorrectly to claim tax credits and evade $5.2 million...
UK’s Aviva conspired to dodge India compensation and tax rules, DGCI says

TCS expands 15-yr strategic partnership with UK’s Aviva, to service over 5.5 million policies

by AIP Online Bureau | Feb 8, 2024 | International News, Life, Pension & Social Security, Technology, Wealth Management/ Philanthropy

Doug Brown, CEO Insurance, Wealth & Retirement, Aviva said,“Extending this strategic partnership will improve how we serve our customers, further simplify our operations and support our growth ambitions. It will allow us to rationalize our systems and improve...
UK’s Aviva conspired to dodge India compensation and tax rules, DGCI says

Aviva shares jump 8% as Times cites takeover talk

by AIP Online Bureau | Oct 6, 2023 | International News, Life, Non-Life

Names of potential bidders mentioned include Germany’s Allianz SE, Denmark’s Tryg AS, and Canada’s Intact Financial Corp, the Times said. LONDON: Shares in Aviva shot up almost 9% on Friday, after Britain’s Times newspaper cited talk of a possible takeover of...
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