Spotlight on: Andrew Moss, Chief executive of Aviva
Tuesday 31 January 2012
What's he been up to?
He's just flogged the company's life insurance operations in the Czech Republic, Hungary and Romania to MetLife as part of its strategy to focus on markets where it has strength and scale. It is "de-emphasising" its less-profitable, overseas operations.
So where is Aviva focusing now?
These 12 markets: the UK, France, Ireland, Italy, Poland, Spain, Russia, Turkey, Canada, the US, China and India. Together, these 12 provide roughly 80 per cent of Aviva's profit from life and general insurance operations. But Europe is really where it's at, as far as Aviva is concerned.
Hm. Makes it sounds like Aviva is a bet on the eurozone?
Analysts say so, yes.
Tell me about Moss.
He came up with the One Aviva, Twice the Value strategy. It's a mere misfortune that the company's shares have since halved.
That must make him unpopular in the City.
He's not universally loved, that's fair to say. He's doing a difficult job at a complex organisation, but there is a feeling that he could be, ahem, a little more humble. And also that he needs to deliver, soon and in full.
Is he famous for anything else?
For leaving his wife, mostly. It was a celebrated case. No one could really believe that an insurance executive could get lucky twice.
That's unnecessarily mean. So Aviva is like the Prudential, right?
They are great rivals, but the Pru has staked its future on expanding in Asia, Aviva is going after the European market.
Did Aviva have a good financial crisis?
You'd have to say so. There were rumours it would follow the banks into disarray, but actually it has proved itself to be a paragon on solidity. It did not let its customers down when it mattered. Now if Moss can just win over the company's shareholders too....
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
iJobs Money & Business
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...
$125 - $225 per annum: Carlton Senior Appointments: San Fran - Investment Advi...
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...