Establishment of the Parent Company (1834) : The origins of Aviva can be traced back to the establishment of the Hand in Hand Fire & Life Insurance Society in London in 1696. In 1834, the Hand in Hand Co. merged with the Norwich Union Society, and the company became known as the Norwich Union Fire Insurance Society.
Transformation into Aviva (2000) : In 2000, Norwich Union merged with CGU plc, forming CGNU. Later that year, CGNU changed its name to Aviva. This marked the birth of the Aviva brand, a name that became synonymous with insurance and financial services globally.
Entry into India (2002) : Aviva entered the Indian market in 2002 by forming a joint venture with Dabur Group, a leading Indian business conglomerate. The joint venture was named Aviva Life Insurance Company India Limited.
Operations in India : Aviva India has been offering a range of insurance products and services, including life insurance, health insurance, and retirement solutions, to customers in India. The company has aimed to provide financial security and cater to the diverse insurance needs of its customers.
Changes in Ownership (2013) : In 2013, Aviva increased its stake in the Indian joint venture, Aviva Life Insurance, to 49%. The company continued its operations with a focus on delivering value to its policyholders.