Allied Irish Banks, today announced that it has agreed the terms of a joint venture with Aviva plc for the manufacture and distribution of life and pensions products in the Republic of Ireland.

ISEQ-listed financial services provider Aviva plc is launching a new product in Australia.

Aviva plc has announced its intention to issue Innovative Tier One hybrid debt of around £750m (€1.1m), which will be used to repay existing senior debt, leaving overall debt levels unchanged.

Aviva plc, the world’s fifth largest insurer, has opened two new branch offices in China.

AVIVA plc, the owner of Hibernian Insurance, said yesterday first-half net income fell 28% as the value of its investments declined.

INSURANCE companies in the Irish market are making bumper operating profits as yesterday's disclosure by Hibernian Insurance revealed profits on general insurance rose by 60% to €101 million.

Aviva plc has sold its Your Move estate agency and e.surv surveying businesses to Lending Solutions Limited, backed by Barclays Private Equity, for £42m (€62.9m).

Hibernian Life & Pensions has today launched the Hibernian Guaranteed Fund - a fund developed following a survey of Irish consumers.

Hibernian Life & Pensions, Ireland’s largest provider of saving and investment products, has launched the Hibernian Guaranteed Fund.

European insurance leader Aviva plc today released preliminary results for the 12 months ended 31 December 2003.

STOCKMARKET uncertainty has resulted in a €175.3 million drop in Hibernian Life and Pensions single premium investment sales in Ireland as investors turned to property.