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Aviva denies plans to split UK business

Posted On: Jun. 18, 2019 6:31 AM CST

Splitting up the business

U.K.-based Aviva P.L.C. said that it will not split its U.K. business into a life and nonlife insurance unit despite talks in May of a shake-up under Maurice Tulloch, its new chief executive, Money Marketing reported citing sources. Aviva plans to lay off 1,800 workers across the world over the next three years, the sources said.

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