Aviva Share Discussion Threads

[muscletrade] 11/2/2021 07:56

Lots of press around on this subject today P0pper. I suppose individual reaction would depend quite significantly upon your position on Brexit in the first place. I think BOE governor is sending a political message that the EU position (behaving like spoiled children whether it be vaccines, shell fish, finance, stupid red tape or ham sandwiches) is likely to lead to increased finance costs(for them), and that UK finance becoming a permanent EU rule taker is not going to happen. High stakes game being played out.

[p0pper] 11/2/2021 07:32

I just managed to get a snippet off of the BBC nes this morning stating that the E.U. (bless them) could totally cut off London as far as financial institutions are concerned, BOE govenor was speaking about it as well stating that could be the case and London may lose thousands more jobs because of it, f---ing barstewards. Did anyone else get more of a view on it as I say just caught a glimpse.

[eurofox] 10/2/2021 13:58

probably a bit of short covering - nothing to get excited about

[whatsup32] 10/2/2021 13:57

Barry White ?

[adelwire2] 10/2/2021 13:55

What's going on?

[eurofox] 10/2/2021 12:09

Back from my walk - see my top-up order was filled at 344

[devonbeachbum] 10/2/2021 11:28

Can you do the same thing again tomorrow Leeds lad? :)Nice rise today. Looks to be sitting in the 340-350 range until positive news again, be it Covid or Company.

[whatsup32] 10/2/2021 10:23

The Times has Pru as a buy , likes the idea of selling of parts and concentrating on remainder .
Same tactic as Av

[davebowler] 09/2/2021 19:25

hTTps://www.nextwealth.co.uk/platforms-within-the-uk/

[davebowler] 09/2/2021 19:07

Aviva owns a substantial platform...htTPs://www.standard.co.uk/business/private-equity-is-buying-up-ifa-platforms-on-the-cheap-b919181.html

[eurofox] 09/2/2021 16:57

that was an exciting paint-drying day - no decent trading action - but at least price stability

[leedslad001] 09/2/2021 09:07

Topped up this morning

[klotzak] 08/2/2021 21:31

If the company ends up sitting very cash rich then it won't take long for a bigger fish to go for it, either a share buy back or a special can get rid of the appetiser of a load of cash sat there for the taking?

[wba1] 08/2/2021 17:38

It surprises me, but I understand Aviva write their global risks through Norwich! But I am sure that you are right that they already have offshore capability and could transfer business fairly easily.

[huncher] 08/2/2021 17:13

The big corporates always dipped into and out of the market depending on the cycle with their own risk management strategies (massive deductibles, self insurance operations off shore using market as RI) I would be surprised if Aviva did not have ability already in situ.

[wba1] 08/2/2021 16:59

Anything is possible, but if it happened I would look at moving suitable business elsewhere to punish Sunak (and make it known to him what I was doing). In the case of Aviva setting up an operation in, say, Bermuda to write all the Global Corporate and Speciality business currently written in the UK would be a start. This would not look unusual as, for example, Allianz centralised all such business in Munich in 2002 after previously writing it locally. In an ideal world a response would be coordinated, but insurer CEOs are not good at working together.

[huncher] 08/2/2021 16:55

The commercial liability side I suppose is logical but wow if severity of injury matches that (theoretically could be greater with types of industry impacted) then WBA comment could look like an understatement it would be massive..

[makinbuks] 08/2/2021 16:46

Do you think the Chancellor might notice that and hit insurers with a one off levy? Pretty dastardly and most unbusiness like for a Tory Chancellor but these are extraordinary times and he needs funds from somewhere. There has been suggestions for example that he should tax on line retailers and others that have benefited from the pandemic. Many GI's have paid vouchers to policy holders in an effort to convince people they are not profiteering

[wba1] 08/2/2021 16:37

Following on from the bit on road accident reductions in France I came across an even more compelling piece whilst catching up with Insurance Times. Talking about UK claims it says;

* Overall, claims fell by 47% in 2020 across motor, EL, PL and clinical negligence.

* Motor injury claims fell by 23% (remarkably similar to France).

* EL claims saw the largest decline of 60%.

The numbers were sourced via an FIA request to the Government Compensation Recovery Unit, so while not official figures they should be a good indication. They suggest an even bigger windfall than I had expected.

[1robbob] 08/2/2021 15:15

I have to say...I do not agree with phased Special Dividends. They would do absolutely nothing to support the share price....indeed when they finish, it would look like another cut dividend!!!

I want one or two only Specials

That does not mean that I want Buy-backs either

But with the shares yielding 6%+.I think that the Board will be unable to resist some form of equity repurchase, as it wold save more than retiring debt?
...As I have said many times before, I would much prefer a Tender Offer to all shareholders as it would be far more equitable than a Repurchase Programme through the market, A tender Offer could also be used to Buy-Back Preference Shars

[father jack1] 08/2/2021 14:28

20p in special dividends pa for the next few years would boost and support the share price much more than the dreaded buybacks ever would.

[eurofox] 08/2/2021 14:28

not only that but spread them out in the years every quarter

[1robbob] 08/2/2021 14:27

So you are suggesting several years of Special Dividends rather than one or two!!

I would prefer one

[cyberian] 08/2/2021 14:17

Excellent comment "scrwal"....that would certainly meet my hopes and the share price would react more positively. Such a strategy/decision would afford the CEO a much more flexible way to move forward with other growth alternatives as well.