Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Aviva to Sell U.S. Life Insurance Unit, Sunday Telegraph Says

Don't Miss Out —
Follow us on:

July 29 (Bloomberg) -- Aviva Plc is preparing to sell its U.S. life-insurance unit after receiving offers from financial companies and private-equity buyers, the Sunday Telegraph reported, without saying where it got the information.

The division, which Aviva bought in 2006 for 1.8 billion pounds ($2.8 billion), is now valued at 1 billion pounds, the newspaper said. Pat Regan, the company’s chief financial officer, has been spending time in the unit’s headquarters in Des Moines, Iowa, to prepare for the sale, which Goldman Sachs Group Inc. may oversee, according to the report.

Aviva spokesman Nigel Prideaux declined to comment when reached by phone today.

To contact the reporter on this story: Erik Larson in London at; Stephen Morris in London at

To contact the editor responsible for this story: Anthony Aarons at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.