Aviva Share Discussion Threads

[spud] 09/2/2020 13:20

Chinese whispers....spud

[whatsup32] 08/2/2020 20:51

Unfortunately nobody believes a word Chinese government says

[wskill] 08/2/2020 18:01

With the population in China it will have to be many million affected with the virus before we have a pandemic this is just at the present time a small virus like SARS and its effect was short lived.

[whatsup32] 08/2/2020 14:09

Thanks crossing , have him filtered

[whatsup32] 08/2/2020 13:50

hxxps://thewuhanvirus.com/

Good source for numbers effected

[neilyb675] 08/2/2020 13:36

EQT

Suggest you guys take a look this weekend.

[123trev] 08/2/2020 13:00

Regardless of what the virus does To underlying profits here or in any other stock it hopefully would be short lived. However the market reaction will be well overdone in a panic scenario that’s why I would advocate staying in cash for a while. I like this stock and have bought in at some good levels previously and way below its current price and will do again I suspect as always don’t pull that trigger to early.

[jordaggy] 08/2/2020 12:37

We should brace ourselves!

[jordaggy] 08/2/2020 12:36

Business's cover themselves for all kinds of eventualities, many of which could be invoked due to this outbreak...there will be consequences for all insurance co's.

[whatsup32] 08/2/2020 11:59

I just took out travel insurance for USA . I called to check what cover I had if I cancelled or airline cancelled flights and believe or not it’s not covered . Travel insurance doesn’t cover as much as we think .

[jordaggy] 08/2/2020 11:44

I haven't correlated the charts aviva/sars back to 2003 but...

[jordaggy] 08/2/2020 11:43

Cancel travel arrangements for 'any reason' policies for one!

[whatsup32] 08/2/2020 11:35

jordaggy. Can you expand in which way Aviva will be hit

[jordaggy] 08/2/2020 11:29

All indications are that this is far worse than the 2003 sars virus. This could hit Aviva badly.

[whatsup32] 08/2/2020 11:26

eurofax’s comment is reasonable given this is a insurance blog , I was thinking along same lines . I’m also wondering about pending liabilities ie , in transport ‘cruise ships loss of profits ? Claims? , travel insurance claims?

[eurofox] 08/2/2020 11:14

Lord Gnome.. I am one of the vulnerable old people, having type 2 diabetes - have had pneumonia 3 times all with long recoveries during my life, but then had a pneumovac jab 20 years ago (first cohort) with a follow-up jab 10 years ago (before they realised a booster was not necessary). I have now been pneumonia free for 20 years touch wood.

[lord gnome] 08/2/2020 11:02

Thanks for that eurofox. Sadly, I have no intention of going anytime soon just to make insurance company profits look a bit better.

[eeza] 08/2/2020 10:48

Look on the brightside !!

[eurofox] 08/2/2020 10:47

if lots of old people with annuities die this could be a silver lining for companies that have sold those annuities

[123trev] 08/2/2020 10:15

Aviva have some exposure but if the market panics in a big way all stocks will suffer and you could see a large correction coming. I can definitely see it with the information out there now and the fact the virus has a long incubation period that will add great uncertainty and the markets don’t like that add in the economic factors and it could be a perfect storm.

[whatsup32] 08/2/2020 09:14

Agree with post 654
Virus in China looks like growing and growing to pandemic. There will in my view be huge opportunities as well as losses .
Companies that manufacture in China will move manufacturing to other countries
Companies that import goods from China will be prevented from importing example food products.
Economy in China coming to a halt causing problems across the world for anyone who trades with China
Not certain how this will effect Aviva

[uppompeii] 07/2/2020 22:17

Derek MacKay is looking for a job...

[grahamburn] 07/2/2020 20:31

Indeed. From memory he moved to Prudential in a huff at not getting the top job, way back when.