Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Aviva PLC (AV.)

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Friday 21 April, 2017

Aviva PLC

AVIVA ACQUIRES ENTIRE SHAREHOLDING IN VIETNAM JV

RNS Number : 9555C
Aviva PLC
21 April 2017
 

21 April 2017

 

AVIVA ACQUIRES ENTIRE SHAREHOLDING IN VIETNAM JV

 

Aviva plc ("Aviva") announces the acquisition of VietinBank's entire 50% shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Limited ("Aviva Vietnam") and signing of a new distribution agreement with VietinBank to sell life and health insurance products through VietinBank's network of over 1,100 branches, the second-largest in the market.

 

As a result of the transaction, Aviva Vietnam is now a wholly owned subsidiary of Aviva with a key focus on growing the business across all key distribution channels. This move also simplifies Aviva's operating structure in the region. The transaction is subject to customary closing conditions including regulatory approvals.

 

Aviva Vietnam was founded in 2011 and has since built a strong presence in the market, becoming a top ten life insurer by premium. Vietnam is an attractive insurance market with double digit life premium growth in the past three years and one of the world's lowest life insurance penetration levels, at less than 1% of GDP[1]. The insurance industry is expected to benefit from the country's projected GDP growth of more than 6% annually[2] over the next three years.

 

Chris Wei, Executive Chairman Aviva Asia and Global Chairman of Aviva Digital, said:

 

"With Aviva's insurance and digital expertise and a strong partnership with a leading bank, we are optimistic about our growth prospects in Vietnam. We have developed a deep and successful relationship with VietinBank and will continue to build on our strong foundations."

 

-ends-

 

Enquiries:

 

Media

 

Yasmin Saleh                                                                          +44 (0)20 7662 8710 

 

Analysts

 

Chris Esson                                                                            +44 (0)20 7662 8115

 

 

Notes to editors:

 

About Aviva

 

·     Aviva's LEI Code is YF0Y5B0IB8SM0ZFG9G81

 

·     Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers, across 16 markets worldwide.

 

·     In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.  Aviva's asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £340 billion in assets. Total group assets under management at Aviva group are £450 billion.

 

·     Aviva helps people save for the future and manage the risks of everyday life; we paid out £34.4 billion in benefits and claims in 2016. By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.

 

·     The Aviva media centre at http://www.aviva.com/media/ includes company information, images, and a news release archive.

 

·     For an introduction to what we do and how we do it, please click here http://www.aviva.com/about-us/aviva/

 

·     For broadcast-standard video, please visit http://www.aviva.com/media/b-roll-library/

 

·     Follow us on twitter: www.twitter.com/avivaplc/

 

·     Follow us on LinkedIn: www.linkedin.com/company/aviva-plcFor the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva

 

·     We have a Globelynx system for broadcast interviews. Please contact the Press Officer noted above if you would like to make a booking.

 

About Aviva Asia

·     Aviva operates in seven markets in Asia (Singapore, China, Indonesia, Hong Kong, Vietnam, Taiwan and India)

 

·     Aviva is a top tier insurer in Singapore and one of the biggest providers of employee benefits and healthcare insurance.

 

·     As at 30 September 2016, Aviva-COFCO ranked number 9 among 27 foreign life insurers in China in terms of APE, operating in thirteen provinces with over 80 branches.

 

·     In Indonesia, Astra Aviva Life is an equal joint venture between Aviva and Astra International, one of Indonesia's largest diversified conglomerates, to sell and distribute insurance products

 

·     Aviva has had a presence in Hong Kong for more than 150 years

 

·     In Vietnam, Aviva acquired the 50% shareholding of VietinAviva from VietinBank to make it a wholly own subsidiary of Aviva in 2017

 

·     Aviva operates First-Aviva in partnership with First Financial Holdings in Taiwan, with a wide distribution network of 188 branches across the country.

 

·     Aviva partners in India with the Dabur Group, one of India's oldest and most respected business houses and one of the largest producers of traditional healthcare products, and has a distribution network of over 100 branches and 12,000+ financial planning advisors.

·     Following Aviva's acquisition of Friends Life Group in April 2015, Friends Provident International is now part of the Aviva Group. Friends Provident International provides life assurance and investment products in Singapore, Hong Kong and the United Arab Emirates.

 



[1] Source: Swiss Re, The Vietnamese insurance market, Jan 2017

[2] Source: World Bank, Global Economic Prospects, Jan 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
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