ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

AV. Aviva Plc

496.60
0.40 (0.08%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aviva Plc LSE:AV. London Ordinary Share GB00BPQY8M80 ORD 32 17/19P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.08% 496.60 496.80 497.00 498.50 491.60 492.20 10,711,407 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 41.43B 1.09B 0.3962 12.54 13.61B
Aviva Plc is listed in the Insurance Carriers sector of the London Stock Exchange with ticker AV.. The last closing price for Aviva was 496.20p. Over the last year, Aviva shares have traded in a share price range of 366.00p to 498.50p.

Aviva currently has 2,738,270,828 shares in issue. The market capitalisation of Aviva is £13.61 billion. Aviva has a price to earnings ratio (PE ratio) of 12.54.

Aviva Share Discussion Threads

Showing 30376 to 30399 of 44750 messages
Chat Pages: Latest  1226  1225  1224  1223  1222  1221  1220  1219  1218  1217  1216  1215  Older
DateSubjectAuthorDiscuss
04/11/2020
12:18
Interesting DB risk transfer with M&S. I am sure Aviva had no choice given the wider relationship but I would like to know how sharply the deal was priced. I assume the 'umbrella' deal did not just drop in a pre-agreed price. Just have been broadcasting about the increased pricing competition for such deals (which you would expect with the questions around changes in the mortality trend). So I would not be surprised if this deal is pretty thin although I am sure it will be priced for a marginal profit. And the mortality changes should, anyway, benefit business already held.

It would be interesting if cjac has any info on how much the pricing on such deals has tightened in the last few months.

wba1
04/11/2020
11:23
Aviva have announced it has completed a £400 million bulk purchase annuity buy-in transaction with the Trustee of the Marks and Spencer Pension Scheme.



This is the second buy-in transaction between Aviva and the Marks and Spencer Pension Scheme, following a £925 million transaction announced in May 2018*, and it was completed using a pre-agreed ‘umbrella contract’ to support a quick and efficient process. It builds on the important wider existing corporate relationship that Aviva already has with Marks and Spencer, for which it provides health and general insurance.

Aviva will insure the defined benefit pension liabilities of a further 2,293 pensioner members, removing the investment and longevity risk of these members from the Scheme. Members will see no change in the amount of their benefits or the way in which they are paid as a result of the transaction.

spud

spud
04/11/2020
09:20
yes and yes - I started out into this crisis 90% in cash. still 80% cash.
eurofox
04/11/2020
09:15
It's a pretty safe bet here. There are more exciting shares but very few undervalued mega-caps like this on the 100! spud
spud
04/11/2020
08:45
Ready for another bite if it drops even more.
eurofox
04/11/2020
08:23
added again at 260. what a fantastic opportunity as share price rips through stop losses.
eurofox
03/11/2020
16:40
I think the facts speak for themselves
The betrayal of thousands if not millions of both small investors and large by the cacellation of the declared dividend is hanging over this share and impacting upon the negative performance of the share price
The only way that this can be resolved is by the resignation en masse of the entire bod as they have demonstrated their complete disregard of the needs of those shareholders who hold Aviva shares to gain income by way of the dividend
Only then with a completely new bod who will act in the best interest of the shareholders will Aviva start to restore their lost integrity

Ps hold only small amount of (legacy of old Norwich union ) shares now swapped into legal and general as advised previously looking more and more like the right decision

jubberjim
03/11/2020
13:02
I'll take £10 a share now. thx.
hhhold2
03/11/2020
12:01
>> You do wonder what is needed for a rerate.

If the market continues to undervalue to such an extent the Board will have no
option but to put the entire Company up for sale - in parts or entirety

1robbob
03/11/2020
11:33
It is interesting that we see media comment about Aviva being undervalued at this point. I am no fan of conventional measures with insurers, particularly P/B ratio, as net asset value is the relatively small difference between 2 big numbers and can change dramatically given small shifts in key drivers. But what really stands out is the sum of parts - but both the visible and invisible (or at least unrecognised) parts. I think we all generally appreciate the visible parts but it is worth recapping;

Current market cap of £10.5bn
Aviva France value circa £3bn
Singapore £1.6bn (plus £0.5bn for the 25% retained)
Aviva Italy £1.5bn?
Aviva Poland £1bn?
Others £1bn

Leaving the value of core UK and Canadian holdings at no more than £2bn according to the current market cap. But that ignores other things;

Excess general insurance claims reserves. Aviva holds nearly £12bn of claims reserves against current and IBNR claims. It is usual industry practice to reserve such claims at best estimate plus 5% until settled, when any excess is released to profit (hence the regular release of prior year reserves in results). In practice the release exceeds 5% for many companies. But even at 5% this represents £0.6bn of hidden value. And that is before knowing whether Aviva are reflecting future changes meant to happen in areas such as UK PI claims - or are they using unadjusted ladders for future projections?

Mortality assumptions on pensions (and other) business. Allianz openly state in their accounts notes that they use specified actuarial tables but then make an allowance for future mortality improvements. Such assumptions already looked questionable before the pandemic, with mortality improvement having ground to a halt in recent figures, but it looks even more like hidden value given this years events. What value this represents is anyones guess, but given the size of Allianz long term business it must be substantial. That this is the case also looks supported by the recent comments (by Just among others) about the recent sharpening of price competition for new DB risk transfers.

Add all this together and I can only come to the conclusion that the current market cap pretty much throws in the core business that Blanc intends to retain as a freebie.

You do wonder what is needed for a rerate.

wba1
03/11/2020
11:32
Always a tricky one with what to do in these cases. Fine the shareholders for the executives actions seems to be the way with banks. Fine the executives twice what they earned at the time may get better control.
dr biotech
03/11/2020
11:27
AND the Head of the FCA at the time is now
......The Governor of the BoE !!!!!

1robbob
03/11/2020
11:03
Aviva’s shares fiasco highlights weakness of the City watchdog.



spud

spud
02/11/2020
23:26
Yes but they have also been forced to put that caveat on the figures now."Deaths within 28 days of a positive covid test"So test positive and get hit by a bus you are a positive covid death figure.
cl0ckw0rk0range
02/11/2020
21:31
Judging by the various comments across forums/social media many were surprised by today's move, also caught the pros out too.

IG's trade driven weekend market were 60 points or so off the mark when the actual underlying futures market opened at 10.45pm last night.

News of another lock down both here and parts of Europe should have sent the markets down so what happened?

The economic backdrop gives it away, as the EU struggles with its own plethora of issues it can no longer afford an economic tussle with the UK ahead of transition phase ending Dec 20.

For this reason we have seen a big public gesture both from France and Brussels on fishing, one if not the most controversial discussion points between the parties.

Part of this has to be support of their respective stock markets in unison with each other, CAC closed up 2% plus today whilst the FTSE added 77 points heading into lock-down.

Buying overnight futures contracts in several markets will almost certainly pull in the trackers which in turn will lead to a positive share price for Aviva (had to throw that in there).

1pencil
02/11/2020
21:29
You couldn't make it up!:UK records FEWEST daily infections for a fortnight on the day Boris Johnson tries to persuade parliament we need another lockdown. spud
spud
01/11/2020
23:50
fireworks..
1pencil
01/11/2020
23:42
should be some fun and games this week
eurofox
01/11/2020
15:47
As mentioned on Friday I was tempted to have a few, but held off as

saw this Tuesday as a potentially better buy area.


There will be some outsized moves tomorrow.

essentialinvestor
01/11/2020
14:12
Tomorrow looks a bit grim index wise, futures hoovering around 5500 mark.

Timing for UK is not good with less than 8 weeks left on transition.

1pencil
01/11/2020
13:29
Thanks pol
whatsup32
01/11/2020
12:08
More from a French source 28/10


Translated;

While the takeover offers of Aviva France by the Allianz / Athora consortium, but also by Generali / CVC Partners and by the Macif group are mentioned, a fourth buyer would study with interest the acquisition of the French subsidiary of the British insurer. .

This is a name mentioned at the beginning of the dossier and which has since disappeared from radar. Almost three months after the announcement of the strategic refocusing of the Aviva group and the resulting potential divestiture of the British insurer's French subsidiary, a fourth buyer is now in line to formulate an offer. Her name ? Groupama.

An interest, especially for a part

According to several corroborating sources, the mutual insurer is studying the matter with some attention, even if it is not interested in taking over all of Aviva France. "Groupama is especially eyeing the property and casualty section and the company's network of general agents," observes an unofficial source within Groupama. "The group would, however, be cold at the idea of ​​having to spend today between 3.5 and 4 billion euros to acquire the whole of Aviva France", adds another informant. When contacted, Groupama's management declined to comment on this information. As one of the 5 largest networks in France, Gan Assurances has a total of 880 general agents.

As a reminder, three other avenues have already been mentioned for taking over the activities of Aviva France: the Allianz / Athora consortium, Generali with the investment fund CVC Capital Partners and Macif.

pol123
01/11/2020
11:27
This seems to be the latest 26/10/2020

hxxps://www.reinsurancene.ws/macif-generali-cvc-to-join-bidding-war-for-avivas-french-business/

pol123
01/11/2020
11:22
3 to 4 B Euro , 3.5 to 4.7 B USD , is how I read it in the article

Until money is in the bank it’s all hot air

whatsup32
Chat Pages: Latest  1226  1225  1224  1223  1222  1221  1220  1219  1218  1217  1216  1215  Older

Your Recent History

Delayed Upgrade Clock