Insurance Post

French customers seek legal action over Aviva life contracts

contract-draft

A lawyer representing Aviva life insurance customers in France has registered 10 further clients in the past two weeks who want their fixed price arbitrage contracts honoured by the insurer.

The product was originally sold by French insurer L'Abeille Vie in the 1980s and 1990s, before it was acquired by Aviva in 2002.

The contracts include an arbitrage clause at a known rate, giving

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