About Us
Company Profile
Aviva is the worlds fifth largest* insurance group, serving 50 million customers across Europe, North America and Asia Pacific.
Aviva's main business activities are long-term savings, fund management and general insurance, with worldwide total sales of S$133.64 billion and funds under management of S$789.20 billion at 31 December 2008.
We are the largest insurance services provider in the UK and one of the leading providers of life and pension products in Europe.
*based on gross worldwide premiums at 31 December 2008
| Aviva's credit rating are as follows: | ||||
| S&P | Moody's | AM Best | Fitch | |
| Insurance Financial Strength Rating: | AA- | Aa3 | A | AA- |
"Ratings accurate as of 15 July 2009 and are published for information and general circulation only and do not have regard to the specific investment objectives, financial situation and the particular needs of any specific person."
Aviva's success started in a modest London fire insurance office in 1696 and continued to grow across the centuries. Historical milestones included:
1696 - Hand in Hand Fire and Life Insurance Society founded
1797 - Norwich Union formed
1861 - Commercial Union founded
1885 - General Accident formed
1998 - Commercial Union and General Accident merge to form CGU
2000 - CGU and Norwich Union merge
2002 - Aviva is launched
With the large mergers in 1998 and 2002, Aviva continued to gain prominence. Finally, the 2002 launch of the Aviva brand unified more than 50 brands in over 30 countries
Aviva began serving the Singapore market with the July 2001 acquisition of Insurance Corporation of Singapore. Since our entry into the market, we have expanded our range of products to include:
- Long Term Regular Savings Products
- Unit Trust Services
- Regular Savings (partnership with DBS Bank)
- Financial Advisory Services
Aviva has also brought its long tradition of expertise and innovation to health care, becoming one of Singapore's leading providers in Employee Benefits and Healthcare. We have been named the third ElderShield scheme insurer, and are guaranteed a 50% allocation of all new members.