Financial Services Roundup: Market Talk

0804 GMT – Aviva’s acquisition of AIG U.K. protection business is expected to largely be funded by the recent GBP800 million disposal of Singlife, Jefferies analysts say in a note. The British insurer and asset manager deal will also enable Aviva to capture the economics of the business that AIG Life U.K. reinsures internally to the wider AIG Group, the analysts say. 0748 GMT – Aviva’s acquisition of AIG Life U.K. is likely to support its leading protection business given that Aviva is the U.K.’s only large provider covering the health, group and individual protection markets, Citi analysts James Shuck and Andrew Baker say in a note.