Aviva embraces the bear - developing Aviva''s new Russian business

Lee Callaghan, Senior Corporate Lawyer, Aviva Plc, UK

When Aviva decided to enter the Russian market, our goal was to establish a top 5 market position over a 5 year period. At that time, we had no local presence at all and, even more challenging, the concept of life assurance was relatively underdeveloped in Russia. There were few international insurers present in the market and a very small number of national providers, although some of these had good scale.

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International Insurance July 2007 Vol. 1, No. 1, Autumn 2007

Lee Callaghan

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Lee Callaghan BA, LL.M, Barrister. Head of Group Legal and Group Competition Counsel for Aviva plc since 2001. He represented Aviva as a main party in the PPI inquiry and has taken part in a number of CC market inquiries since 1989 in different industries.

International Insurance July 2007 Vol. 1, No. 1, Autumn 2007