Aviva Share Discussion Threads

[spud] 06/4/2020 12:02

I must admit to being surprised also.

spud

[wba1] 06/4/2020 11:47

I am slightly surprised no one from Aviva seems to have come out to reiterate the decision to pay the dividend following the L&G announcement. I appreciate it may not be a requirement but it would have been good management. However, it is difficult to see how Aviva could change its position based on the solvency ratios of the two companies. Aviva solvency ratio was estimated at 175% at March 13 (after divi payment). L&G solvency ratio was estimated at 174% in March, and I think that was before the divi.
I still prefer the like of pure retail GI players such as Sabre for stability and income, but hold all of Aviva, L&G, Sabre and DL - with the former 2 there for recovery.

[actybod] 06/4/2020 11:42

It's been marked down but with a double digit yield covered expect it to propel back into good upwards movements

[linton5] 06/4/2020 11:26

I'll tell you one she's consistent amongst insurers smallest riser biggest dropper cannae get ma heed round it. Aw the time laud

[spud] 06/4/2020 11:25

I suspect the Insurance companies would have a field day in court should our Gov attempt to "Pass the dutchie to the left hand side...."

spud

[whatsup32] 06/4/2020 10:08

RR announced no guidance for this year and cancelled dividends. share price up 14% so far today. Should AV. Cancel dividends it may not necessarily be a blood bath.

Thoughts to RR as they get paid if their engines are running and airlines order and take delivery of new aircraft.

[crossing_the_rubicon] 06/4/2020 10:02

@Eurofox

Indeed, most of these kits, made in China, do not work...

"Britain has millions of coronavirus antibody tests, but they don’t work"
None of the antibody tests ordered by the government is good enough to use, the new testing chief has admitted.

Professor John Newton said that tests ordered from China were able to identify immunity accurately only in people who had been severely ill and that Britain was no longer hoping to buy millions of kits off the shelf.

Instead, government scientists hope to work with companies to improve the performance of antibody tests and Professor Newton said he was “optimistic” that one would come good in months.

However, Dame Deirdre Hine, the public health expert who chaired an official review that criticised failures of modelling in the 2009 swine flu pandemic, said that it was “difficult to understand” why the government had not planned for

[noslien] 06/4/2020 09:52

So the government says to Health Authorities you can have whatever money you need. What does the NHS purchasing arm do? I thought that this was their job?

[wba1] 06/4/2020 09:23

It is a huge shame (and a bad omen for the future inquiry) when people allow their political affiliations to overcome their assessment of the evidence when judging the performance of the government. If the CEO of Aviva performed to the same level as Johnson in the Covid19 response we would all be calling for his removal. Obviously there are limited supplies of tests and PPE, but many in the industry have pointed out that they were not even contacted to become involved until the last few days. And when supplies are limmited it becomes even more important to get ahead of the curve and seek supplies early. Unfortunately, when the inquiry into this fiasco is established I expect the recruitment for the chair to follow the script of the Yes Minister episode about the 'Solihull Project'.
It is a huge shame that our government relies on specimens such as Johnson and Gove when it has highly competent ministers such as Mordaunt who should be deployed to deliver solutions rather than platitudes. We can only be thankful that, at least, Diane Abbott is not in charge.

[eurofox] 06/4/2020 08:59

... Now everyone has panicked and chased a scarce supply of kits which, I expect, are made in China like everything else.... most of which don't even work properly!

[wba1] 06/4/2020 08:32

carpingtris; the time Johnson has been in his job is no excuse for his criminal negligence in ignoring both the advice of the WHO and the evidence from South Korea (and later Germany). Similarly brexit is no excuse. Listening to Trump and Cummings instead of the experts is the mark of someone who is not up to the job.

[creme de menthe] 06/4/2020 08:13

Probably a 24 month timeline to return to 95% normal.
There will be companies going under in the especially in Leisure, catering, retail commercial property and many small businesses.
I would like to see savings incentivised, if more people have a few thousand behind them a similar event could be borne easier by the general population.
The massive debt will be extended over 50 then 100 years.

[uppompeii] 06/4/2020 08:12

That sort of risk would be reinsured across the market.

[spud] 06/4/2020 07:57

PRESS: Investors In HK Threaten To Sue HSBC Over Withdrawn DividendSource: Alliance Newsors in HSBC Holdings PLC in Hong Kong have threatened to pursue legal action against the bank following the cancellation of its dividend payout...spud

[deduce101] 06/4/2020 07:56

Wimbledon had pandemic insurance and will receive a payout for £100m, wonder which insurer they were with, hopefully not Av.

[spud] 06/4/2020 07:44

Might have something to do with HSBCs news this morning...spud

[p0pper] 06/4/2020 07:19

Nothing still from the BOD about the divi, disappointing.

[carpingtris] 05/4/2020 23:13

How long those others been in the job!?

They ain't got brexit either!

I wouldn't want his job.

[dr biotech] 05/4/2020 23:11

I don’t rate Johnson at all - don’t trust him - but hope he’ll be ok. At the least it’ll show how bad this is

[carpingtris] 05/4/2020 22:32

Agree, I think he's done a good job all things considered.