BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Aviva says loss from July floods $333 million


LONDON— Aviva P.L.C. said it sustained a £165 million ($333.8 million) loss from the floods that hit the United Kingdom in July.

In announcing its results for the first six months of 2007, the London-based insurer said that losses from the July floods would be reflected in its full-year figures. Aviva said that "some of the worst floods in living memory" in northern England in June had impacted its U.K. business which posted a loss of £235 million ($475.7 million) because of adverse weather.

Overall, the company posted a pretax profit of £1.20 billion ($2.43 billion) for the first six months of 2007, on an International Financial Reporting Standards-basis, a 3% fall compared with the same period last year.