The hunt is on

hunt-for-aviva-ceo

Speculation is rife over who Aviva will install as its new CEO

Insurer CEOs come and go with such regularity that excitement at a departure often only lasts a very short time. But the sudden departure of Aviva group CEO, Andrew Moss, following a shareholder revolt over executive pay, has gripped the imagination of the market for two reasons.

Firstly, there are at once so many possible candidates to replace him, and so few genuine ones, that market commentators can’t agree on who the frontrunner might be. Secondly, his departure has raised questions over the

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Industry reacts to discount rate change

Insurance industry specialists have welcomed the government moving the personal injury discount rate to 0.5% with PwC calculating it will lower motor premiums by £50 on average.

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