Monday, October 10, 2011

Diary: AV

AV - Aviva - Life Insurance 318.7p/£9.1bn
CNBC interview with Andrew Moss, CEO of AV, said that overall, he was comfortable with the level of exposure to Europe debt. Very helpfully, he summarised it as: no exposure to Portugal or Greece, some in Ireland, and about £300m in Spain, and £900m in Italy. Given AV's market cap and reserves, worries about debt exposure look overstated.

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