“We have significant surplus capital and cash and this means we will have £3 billion (around C$5.18 billion) of excess cash to deploy in 2018 and 2019, £2 billion (around C$3.45 billion) of which we plan to deploy next year,” said Wilson last November when Aviva upgraded its targets. Canada insurance company Aviva is targeting "tactical bolt-on" acquisitions in Canada , Turkey and UK , according to CEO Wilson . In an interview with Wilson , he said the company has a "a very large ‘war chest’", but did not disclose specific figures. However, last November , Aviva revealed the firm, which serves 31 million customers across the globe, had around £3bn ($ 4.2bn ) of surplus capital and cash, most of which would be used in 2018 and 2019 to pay down debt and make acquisitions.
Canada insurance company Aviva is targeting "tactical bolt-on" acquisitions in Canada , Turkey and UK , according to CEO Wilson . In an interview with Wilson , he said the company has a "a very large ‘war chest’", but did not disclose specific figures. However, last November , Aviva revealed the firm, which serves 31 million customers across the globe, had around £3bn ($ 4.2bn ) of surplus capital and cash, most of which would be used in 2018 and 2019 to pay down debt and make acquisitions.