Aviva Share Discussion Threads

[uppompeii] 25/4/2024 08:00

I haven't looked for a year so they could have been on the sites a while...I hadn't seen any comments so just put it out here.

[cjac39] 25/4/2024 07:16

good preso on av health. not the biggest biz but decent roe and huge runway. it does seem av is basically the most solid pick out of all. they have more capital deployment levers than all to dial up and down as needed and seem to be more efficient nowadays which was a perennial sin. absolute rock solid divi which as 1rob points out is growing nicely

[yf23_1] 24/4/2024 20:38

I got mine last sept from a comparison site with Aviva Zero.

[uppompeii] 24/4/2024 10:24

I was wondering whether Aviva have lowered their prices or the others have caught up with them. For the first time in many years I'll be taking my cover with them as it includes an awful lot that the slightly cheaper companies don't now...clearly to give the edge in bottom line price. Third party cover on other vehicles , legal cover, windscreen cover and lower excess cost to name several.

[whatsup32] 24/4/2024 09:42

"They were avoiding comparison sites"

I recall been with Aviva for car insurance and found renewal too high so tried a comparison site which quoted half price .

New insurer was General
Under written and owned By Aviva

[skinny] 24/4/2024 08:16

Aviva plc ("Aviva" or the "Group") is today hosting an 'In Focus' investor and analyst briefing on its Health business. The event, which commences at 10:00am (BST), will be hosted by Charlotte Jones, Group CFO, and presented by Doug Brown, CEO, Insurance, Wealth & Retirement, and Steve Bridger, Managing Director, Health.

Health is a core component of Aviva's strategy as it accelerates growth in capital-light areas, grows customer numbers and serves more of their needs. It plays a critical role as part of Aviva's insurance proposition, because of the fundamental, and increasing, importance of health to all of Aviva's customers and to the whole UK population.

The UK health market is experiencing strong and sustained growth, which is set to continue.

Aviva is the number three player, with leading products and a high-performing business that is delivering strong growth and profitability.

Aviva is confident in the future for this business, and aims to deliver £100m of Health operating profit by 2026, underpinned by continued top-line growth and maintaining strong underwriting profitability.

Presentation arrangements

Today's presentation and analyst Q&A will be live-streamed on www.aviva.com, and a recording will be made available on the website shortly after the event. Analysts are invited to attend in person. Presentation slides will be released on Aviva's website shortly before the event.

[edmundshaw] 23/4/2024 17:00

They were avoiding comparison websites. I wonder if they did a deal?

[uppompeii] 23/4/2024 15:42

For the first time ever Aviva is my cheapest car insurance quote. And they now appear on comparison websites which I can't recall them doing so in recent years, unless they were so far down the list price wise.

[1robbob] 22/4/2024 08:59

Share Buy-back update
As at 19th April

Total Shares purchased: 35.1m
Total cost of shares purchased: £167.6m
Average cost of shares purchased: 477.3p
% of Buy-back completed: 55.9%

Saved cost of Final Dividend: £5.1m

Assuming a total dividend cost of £960m for 2024
the total dividend per share will be 35.49p (+6.27% on 2023)

[bargainsniper] 19/4/2024 11:11

The ceo here is doing a stellar job. Makes for a great investment.

[mountpleasant] 18/4/2024 16:46

hxxps://www.independent.ie/business/personal-finance/boost-for-competition-as-aviva-joins-forces-to-launch-new-health-insurance-provider/a65661803.html

[tornado12] 16/4/2024 16:34

It will be incredibly ironic if this falls back to its old range of 420p ish. Seems nothing in U.K. PLC or FTSE 100 is sustainable these days. Got to keep the faith in a solid investment like Aviva GLA

[muscletrade] 16/4/2024 07:00

Legal & General Group PLC (LSE:LGEN) and M&G PLC (LSE:MNG) are rated as ‘buys’ amongst the UK’s life insurance market, as analysts at Deutsche Bank highlighted its expectations for growth.

The German bank meanwhile rates Aviva PLC (LSE:AV.) and Phoenix Group Holdings PLC (LSE:PHNX) as ‘hold’.

“Full year 2023 results highlighted that the UK Life Insurers are increasingly prioritising growth,” Deutsche said in a note.

“This is evident in commentary around using capital to invest (mainly organically).

“As such, whilst income is clearly a key attraction for the UK Life names, we believe incremental deployment of capital will be used to: (a) grow the top and bottom lines, via increasing distribution and reducing costs, (b) optimising the balance-sheet, via debt reduction and ALM; before considering excess capital return.”

L&G, in March, increased pension-based operating profits by 10% in 2023 to generate £886 million in a year that saw record appetite for de-risking among legacy pension providers. Some £50 billion in PRTs was transacted in the UK, with L&G leading on some of the landmark deals, including the British Steel Pension Scheme and Boots Pension Scheme transfers.

It announced a firm-wide operating profit of £1.67 billion for 2023, basically flat from £1.66 billion in 2022, while adjusted profit before tax nearly halved to £561 million.

Aviva results, also in March, showed the insurer had exceeded its operating profit target in 2023 with a 9% increase to £1.47 billion, up from £1.35 billion in 2022. Management had guided for operating profits between £1.42 billion and £1.45 billion but warned the actual number might be nearer the bottom than the top given the dismal weather in Britain this winter.

The FTSE 100-listed insurance multinational announced a £300 million share buyback

Elsewhere, M&G PLC (LSE:MNG) (M&G PLC (LSE:MNG)) reported solid results, with capital generation better than expected.

Helped by strong net inflows to its asset management arm of £1.1 billion, up 450% year-on-year, operating capital generation in the second half of the year came in at £491 million, which was £85 million better than City analyst expectations. Management maintained guidance for £2.5 billion of cumulative capital generation by the end of 2024.

[1robbob] 15/4/2024 08:26

Share Buy-back update
As at 12th April

Total Shares purchased: 27.1m
Total cost of shares purchased: £131.0m
Average cost of shares purchased: 483.3p
% of Buy-back completed: 43.7%

Saved cost of Final Dividend: £5.1m

Assuming a total dividend cost of £960m for 2024
the total dividend per share will be 35.39p (+5.95% on 2023)

[1robbob] 14/4/2024 12:01

So much bluster in the Press and the Treasury about the demise of the UK Market and the lack of investment in the UK by Institutions.

No artificial fancy Plans or Incentives, please
Just stabalise the currency and the tide will reverse.

Do the Politicians have the will to address the weakness in Sterling?
...NO

At the very least UK Interest Rates would have to follow, not lead, the US

[jubberjim] 12/4/2024 17:31

Skinny

Any Gaps ????

Apart from the gaps in my knowledge !

All the best

[netcurtains] 12/4/2024 08:50

come on son!

[1robbob] 11/4/2024 18:01

danddu69
>Could the prospects of interest rates decreases potentially now coming later in the >year than first suggested, be negatively impacting financial stocks today?

Good news for the P&L Account, bad news for Stockmarket sentiment

[dandu69] 11/4/2024 16:26

Could the prospects of interest rates decreases potentially now coming later in the year than first suggested, be negatively impacting financial stocks today?

[smurfy2001] 11/4/2024 15:35

Always does terrible after XD.

[digitaria] 11/4/2024 13:12

Topped up on the xd dip. Brings AV to about 4% of portfolio.

[cyberian] 11/4/2024 12:32

Citi will be mopping-up a few stragglers I guess at attractive prices today and maybe tomorrow which should not hurt sentiment too unduly.

[tuftymatt] 11/4/2024 10:39

Yeah this and two others I hold went ex divi today and all are giving great long term top up prices.

Sure if we knew what was going to happen we would have sold and got back in today without locking in the divi but we didn't so we move on and wait for the next run towards 500

Good luck all 👍🏻

[fenners66] 11/4/2024 10:09

Villarich I was asking what was your comment getting at.

[netcurtains] 11/4/2024 10:00

I bought the ex-div too early…. Should have waited until lunch at least or tomorrow