A speculated $1 billion sale of Aviva’s Australian business is keeping the rumour mill alive, with plenty of media comments quoting unnamed sources. But there has been no official word from the UK-owned company.

Last week Aviva offered a polite “no comment” when contacted by insuranceNEWS.com.au.

It’s rumoured that last Friday was the deadline for indicative bids from interested companies, with final bids due in early June.