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Please see Aviva's latest news releases below
30 October 2014Mark Wilson, Group Chief Executive Officer, said: “Aviva’s turnaround is delivering. Our key metrics have improved again. Year to date, our net asset value is 10% higher; value of new business is up 15%1 and the general insurance combined ratio improved to 95.9%. “The steps we have taken to focus and strengthen the Group mean we are in a different position to two years ago. “Notwithstanding this progress, there is still more to do before we can be satisfied we are fully delivering on our investment thesis of cash flow plus growth.” Cash flow Progress in cash remittances expected at FY14 Operating capital generation £1.3 billion (9M13: £1.3 billion) Value of new business Value of new business grew 15%1 to £690 million3 (9M13: £619 million2,3) Balanced product mix with VNB split 36% protection, 35% savings and 20% annuities Increase driven by strong performance in Europe (40%1) and Asia (47%1) UK life returned to growth in the 3rd quarter, with VNB up 18%. 9M14 VNB 9% lower Expenses Momentum on expense efficiency has continued Combined operating ratio Combined operating ratio (COR) of 95.9% (9M13: 96.9%) UK COR improved by 1.4 percentage points to 94.1% (9M13: 95.5%) Canada COR of 96.8% (9M13: 95.2%) impacted by worse weather and fire losses Balance sheet IFRS net asset value increased 10% year to date to 298p (FY13: 270p) Economic capital4 surplus £7.9 billion (FY13: £8.3 billion)
27 October 2014With dark fiery nights and ghoulish goings on, Aviva is warning homeowners that burglaries, vandalism and house fires increase sharply over Halloween and Bonfire Night.
22 October 2014New figures from Aviva, the UK’s largest SME insurer, show UK businesses may be burying their heads in the sand and leaving themselves financially vulnerable should they suffer an incident that interrupts their normal business operations.
20 October 2014Aviva has won a significant victory in the fight against dishonest whiplash claims, which saw a low speed whiplash claim not only rejected, but ruled by the court as “fundamentally dishonest”
15 October 2014A new Aviva study of more than 2,500 British adults suggests that those living in rented houses are far less likely to have certain financial products including life insurance, savings accounts or pension savings, than those living in mortgaged homes.