Aviva has reported a 14% rise in H1 adjusted operating profit to £875m.
CEO Amanda Blanc said “greater economic stability and political certainty” is making its UK home market more attractive for investment and growth.
The insurer’s main contributor was its general insurance business, where premiums were up 15% to £6bn.
Sales of bulk annuities slowed from £2.4bn to £2.3bn, but the company said it anticipated it would meet its three-year target of doing £15bn to £20bn of these deals.
The group’s Solvency II capital coverage ratio was two percentage points lower than at the year-end, at 205%, but ahead of consensus estimated collated by the company.
Share Story:
Related Articles
There are no related documents to show at this time.
A Different Approach to Direct Lending
Adam Cadle talks to HSBC Asset Management’s head of direct lending UK & Europe, Tom Green, and head of insurance business, Deepak Seeburrun, about the firm’s direct lending proposition.
Portfolio optimisation in today’s challenging market environment
Adam Cadle speaks to Dr Laura Ryan, Head of Research at Ardea Investment Management, about the firm’s insurance asset allocation optimisation tool and the reasons for developing it
Most read stories...
The role ETFs can play in the ESG journey for insurers
Justin Wheeler, Head of UK iShares Asset Owner Distribution at BlackRock, and Mark Guirey, Head of EMEA Insurance Segment and UK Asset Owner Client Coverage at MSCI, discuss the drivers behind growth in this area, market reactions to COVID-19, and the role of indexing
World Markets (15 minute+ time delay)
We use cookies to ensure you get the best experience on our website. Learn More
