Aviva Share Discussion Threads

[dround87] 18/10/2019 17:40

Well... time to throw the dice! Good luck everyone.

[spud] 18/10/2019 15:00

Complaints data from the Financial Conduct Authority has highlighted the most complained about firms in the GI space.

Aviva was the most complained about insurer in H1 2019. The provider received a total of 142,581 complaints from customers about insurance during the period, resolving 30.7% within three days and a further 60.9% within eight weeks.

Aviva was recently ranked as the UK’s largest insurer in 2019 by sister publication Post. It was followed by UK Insurance with 47,027 complaints, Axa PPP Healthcare with 24,400 complaints, and RSA Insurance with 21,181 complaints.

These firms are ranked as the fourth, ninth, and third largest insurers in the UK respectively. Allianz, Axa, and LV trailed Aviva with 14,496, 13,701 and 7,990 complaints. Others The data reveals that Admiral received 52,681 complaints regarding insurance in H1 2019.

It resolved 58.2% of these cases within three days and an additional 40.1% were resolved within eight weeks.

The firm was followed by brokers Hastings, the AA, and the Co-op with 28,068, 16,846, and 11,316 complaints respectively.

In September 2019, Insurance Age ranked Hastings as the UK’s largest broker in personal lines, controlling over £1bn in premiums. The AA also placed in the top five, reporting between £250m and £499.99m in GWP. London Elsewhere, Lloyd’s of London received a total of 10,364 complaints about insurance during H1 2019.

The marketplace resolved 36.3% of complaints within three days and another 58.8% within eight weeks. The complaints data follows the publication of the Lloyd’s culture survey last month. About 24% of respondents agreed that the organisation was too focused on achieving short-term results. The market employs around 45,000 people in total.

spud

[klotzak] 18/10/2019 11:39

Quite wrong. Labour have openly stated that they do not believe shareholders have a priority when it comes to the redistribution of wealth ( dividends), expect to lose 50% of any dividend and expect capital gains to be markedly lower. I jest, but the window tax would be quickly implemented too!! GLHF

[dround87] 18/10/2019 08:13

No way in hell! Agreed. The question is who will be propping up BJ? Harder or softer?

[dround87] 17/10/2019 19:42

Not sure I really see where the comparison lies in this context but sure!

[riverman77] 17/10/2019 17:22

Closed out after very nice 15% profit. Would happily hold, but also have LGEN and PHNX (both of which I prefer to AV) and don't want too much exposure to the sector.

[crossing_the_rubicon] 17/10/2019 16:49

Good luck with AV making money under a Corbyn government!

[leedslad001] 17/10/2019 16:06

Av will make money whatever government are in power

[crossing_the_rubicon] 17/10/2019 12:46

This is what is wrong with the current political composition of HoC.
Opposition MPs wouldnt vote for any deal as such would offer the chance of overthrowing the sitting govt/getting a Generla Election with a chance to get voted in...

Time to put country before party.

We voted LEAVE.
We must leave the EU else it's decades of uncertainty,and worse.

[dround87] 17/10/2019 12:46

Neither will any other party. Without DUP it's failed already. BJ forced to take extension then GE. EU will always grant extension. They don't want a no deal hence why they went back to the table after saying it was done and dusted for months on end. They might play at brinkmanship but they ultimately lack the will. Parliament will move to make sure an extension happens. Con popularity right now hinging on being out by 31st. Brexit party ready to move in then we've got problems. Whichever way you swing cons pandering to brexit party for votes will punish the share price.

[dround87] 17/10/2019 12:26

Corbyn is too stubborn

[essentialinvestor] 17/10/2019 11:58

This is what's happened over the past few days:

.."Johnson has also made a major concession to secure a free-trade agreement with the EU. The prime minister had previously signalled he wanted to abandon a pledge to align to EU standards on the environment, workers rights and tax, fuelling Brussels fears of a regulatory race to the bottom and the creation of "Singapore on the Thames"

Barnier told EU ambassadors he now had secured a basis for fair competition, as Johnson had agreed a quid pro quo for any free-trade agreement and would be signing up to the EU worker and environmental provisions, meaning a promise not to ditch EU standards.

EU negotiators have long said these promises are vital, because of the UK's economic weight and geographical proximity.."


Easy to talk tough, eh.

[essentialinvestor] 17/10/2019 11:55

Johnson has made significant concessions, we will remain alligned to EU
standards across multiple areas. This was always going to happen.
So we end up with something no one is particularly happy with,
but at least it's nearing the end of the first phase. Whether this deal
passes the HoC pre or post GE remains to be seen.

[spud] 17/10/2019 11:50

I'm betting on a suppository pass and holding tight...

spud

[lancasterbomber] 17/10/2019 11:43

It will pass if EU say no extension take it or leave with No Deal.

[dround87] 17/10/2019 11:24

Not a chance in hell unfortunately. Selling now while the going is good and divi is a way off.

[tradejunkie2] 17/10/2019 11:05

SOLD @ 415.4

Total profit of £990.79 including dividends of £712.5 and finance/commission of £266.71.

Very disappointing but alas profit is a profit.

==

TradeJunkie2 - 25 Jul 2019 - 14:35:18 - 24595 of 25189 Aviva - AV.
LONG 411.70 5000 shares CFD

Taking a kitty nap now.

==

TradeJunkie22 Aug '19 - 10:33 - 24644 of 25188 Edit
ADDING

LONG 2500 @ 401.00

Average 408.13

[smurfy2001] 17/10/2019 10:56

New Brexit deal agreed, says Boris Johnson



Will it pass through parliament though?

[edmundshaw] 16/10/2019 22:54

BTW zho, Farage did not say he wanted the deal Norway has. He was pointing out that Norway and Switzerland had workable dealings with the EU. Obviously the Norway model was never appropriate as it would mean staying in the Customs Union, which we were specifically voting against. He's been pretty clear what sort of Brexit he wants for over 20 years. Taking comments out of context is a very tedious trick of politicians on all sides, we should all be better than that.

Back to Aviva: short covering? Obviously in the shorter term financials are benefitting from the possibility of a new treaty with the EU. But personally I doubt it will happen this side of Christmas. Which, depending on the deal details, might be a good thing or a bad one...