The transaction was announced on 4 March 2021 and marks an important watershed for the company.
In August it published six-month results to the end of June where it committed to return at least £4bn of capital to shareholders subject to regulatory approval.
This return included a share buyback of up to £750m commencing immediately.
It also reported the best half year sales in general insurance in a decade and record flows into the savings and retirement division.
The developments showed the insurer is starting to find a sense of direction under the leadership of chief executive Amanda Blanc.
Blanc took over from Maurice Tulloch in August last year and was tasked with reviving the insurer’s fortunes.
Aviva sold a number of businesses in the second half of 2020 to focus attention on core markets.
It also axed some 60 advisers to refocus the planning business to cover a fuller set of wealth needs.
