Aviva Plc (AV/) is considering selling or closing as many as 15 of its 58 divisions, the Sunday Telegraph reported, without saying where it got the information.

The insurer’s incoming chairman John McFarlane will give a strategy presentation to analysts this week, the newspaper said.

To contact the reporter on this story: Lindsay Fortado in London at lfortado@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.