Aviva Builds Up Defences Against Crisis

Summary


INSURANCE giant Aviva today said it had stepped up its own protection against further falls in stock markets. It said that it had taken extra hedge positions in order to counter anything up to a 40% fall in share prices.

The move follows suggestions that the group's surplus capital had been eroded since the end of June.

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Aviva Builds Up Defences Against Crisis

In fact, it s...

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