 |
|
 |  |  |  |
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. |
The venture creates a general insurance business with over 6 million customers and gross premiums written in excess of £1.7 billion. It allows Allianz and LV= to take a leading role in the growing UK retail sector by creating a strong and customer-centric insurer in the personal home and motor insurance markets.
The second stage of the transaction will take place in 2019 when Allianz will pay an additional £213 million for a further 20.9 percent stake in LV= GI through an agreed, forward purchase based on a total valuation of £1.020 billion for 100 percent of LV= GI. As announced in August, LV= has a put option under which it can sell all or part of its remaining shares to Allianz at any time.
• Acquisition of 49 percent stake in LV=’s UK General Insurance businesses by Allianz Group is now completed
• Transaction creates third-largest personal insurer in the UK market • Allianz to pay another £213 million for a further 20.9 percent stake in LV= GI in 2019 |
|
|
|
| BPA Implementation Manager | ||
| North / hybrid working 50/50 - Negotiable | ||
| Head of Reserving | ||
| City of London - £150,000 Per Annum | ||
| PRT or BPA Specialist | ||
| Nationwide offices / hybrid working - Negotiable | ||
| Retirement Consultant | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| GI Associate Actuarial Director | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| GI Actuarial Senior Manager | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Actuarial Manager - GI/Risk | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Insurance Risk Manager | ||
| London / hybrid 2-3 dpw office-based - Negotiable | ||
| Financial Risk Leader - ALM Oversight | ||
| Flex / hybrid - Negotiable | ||
| Financial Risk Leader | ||
| Flex / hybrid - Negotiable | ||
| Take the lead on actuarial financial ... | ||
| Flex / hybrid - Negotiable | ||
| With-Profits and Investment Risk Expert | ||
| Flex / hybrid - Negotiable | ||
| Reinsurance Actuary | ||
| London/Hybrid - Negotiable | ||
| CONTRACT (12 months): Underwriter | ||
| Fully remote - Negotiable | ||
| CONTRACT (12 months): Senior Underwriter | ||
| Fully remote - Negotiable | ||
| MI Manager | ||
| UK South West / hybrid 2 days in the office - Negotiable | ||
| Senior MI Analyst | ||
| UK South West / hybrid 2 days in the office - Negotiable | ||
| LONDON MARKET CONTRACT: Capital Model... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Senior M&A Actuary | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Market-leading Pricing | ||
| South East or Scotland / hybrid 2 dpw in the office - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
