Aviva (AV): 2012 after-tax loss £3.05B vs £60M profit in 2011, due to writedown on the sale of...

|About: Aviva plc (AV)|By:, SA News Editor
Aviva (AV): 2012 after-tax loss £3.05B vs £60M profit in 2011, due to writedown on the sale of its US business. Operating profit -4% to €1.78B. Slashes Q4 dividend to 9 pence from 16 pence to help pay debt, build up capital reserves, and put the insurer in "a sound position for the future." Shares -12.7% in London. (PR)