October 16, 2009

ASBESTOS UPDATE: Aviva Reserves GBP1.019B for A&E Claims in 2008

COMPANIES: Aviva Plc fka CGNU Plc
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Aviva plc’s net initial asbestos- and environmental-related reserves for unpaid losses and loss adjustment expenses were GBP1.019 billion as of Dec. 31, 2008, compared with GBP323 million as of Dec. 31, 2007.

The Company’s gross initial A&E reserves for unpaid losses…

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TOPICS: Asbestos | General News | Insurance | Legal Issues, Litigation
LOCATIONS: United Kingdom