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British insurer Aviva said on Thursday it had agreed ​to buy the remaining 26% ‌stake in its Indian life insurance joint venture from local partner ​Dabur Invest Corp, taking ​full ownership of the business ⁠it first established in 2001.

Insurer found 18,400 suspect claims last year with some scammers using AI to fake accident scenes and documents

Berenberg has initiated coverage of Aviva PLC (LSE:AV.) with a 'buy' rating and an 800p price target, arguing the UK's largest composite insurer offers a rare combination of near double-digit yield and mid-single digit total return growth that the market is undervaluing.

Aviva PLC's (LSE:AV.) core insurance and wealth businesses are performing solidly, though intensifying competition in the lucrative pension risk transfer market is beginning to squeeze margins, according to analysts at RBC Capital Markets.

Aviva PLC's (LSE:AV.) first-quarter update failed to lift its own shares on Thursday, but helped drive gains for UK insurance sector rivals as investors took encouragement from resilient wealth inflows and signs of continued discipline in the pensions market.