Aviva Share Discussion Threads

[muscletrade] 29/11/2023 08:24

or ....Elsewhere, stocks on the move include Aviva, down 2.0%, after Deutsche Bank downgraded to ‘hold’ from ‘’buy217;.

[uppompeii] 29/11/2023 08:23

M&G and L&G both raised.

[cwa1] 29/11/2023 08:22

FWIW Deutsche have cut their TP for Aviva from 495p to 485p with a HOLD recommendation

[muscletrade] 29/11/2023 08:21

conduit holdings sold down approx 30% of their holding in Av??? If you have never heard of them.....

Conduit Holdings Limited is a Bermuda-based holding company. The Company, through its subsidiary, Conduit Reinsurance Limited, provides reinsurance products and services to its clients worldwide. The Company’s underwriting business is comprised of three segments: Property, Casualty and Specialty. The Property segment covers natural catastrophe losses, such as windstorm and earthquake losses, primarily from assuming risks associated with property treaties. The natural catastrophe risk is written across both the United States and internationally on an excess of loss and capped quota share basis. The Company underwrites a balanced portfolio of casualty classes of business, comprised of both excess of loss and proportional contracts, on a worldwide basis. The Company’s specialty classes of business are written on both an excess of loss and proportional basis and provide reinsurance coverage against physical damage (short-tail) or against legal liability (long-tail) losses.

[pvi1] 29/11/2023 08:19

https://otp.tools.investis.com/generic/regulatory-story.aspx?newsid=1736063&cid=759

[p0pper] 29/11/2023 08:17

Biggest faller on the FTSE100 this morning, doesn't make sense

[garycook] 29/11/2023 08:11

Why the 2% drop this morning ?

[makinbuks] 28/11/2023 11:59

Yes very good research richie1218, many thanks

I suspect the link, however, to AB's Lloyds "hankering" is purely coincidental. I'm assuming she is looking for broader access than just Canadian Motor

[smurfy2001] 28/11/2023 10:40

Steady as she goes captain.

[whatsup32] 28/11/2023 10:38

1 month chart showing Av share price looks great.

[whatsup32] 28/11/2023 10:09

The Times. "Aviva branches out with £100m deal"

[cyberian] 27/11/2023 20:42

richie1218...many thanks. Excellent research and I believe a possible credible link into Lloyds through the side door!

[richie1218] 27/11/2023 19:24

I was just doing a bit of research into Optiom, and this maybe nothing, but apparently it' has Coverholder status at Lloyds,
we all know that AB has been hankering after joining the Lloyds of London insurance club and maybe Optiom could be a step to obtaining that goal... or maybe not ?

"Optiom is a specialty MGU of insurance products, offering vehicle replacement coverage with Lloyd's Coverholder status. Optiom offers a wide range of protections for both total losses and partial losses to ensure protection of their customers' assets."

What does it mean to be a Lloyd's coverholder?
A Coverholder is a company or partnership authorised to enter into a contract of insurance on behalf of a Lloyd's syndicate in accordance with the terms of a binding authority.

[smurfy2001] 27/11/2023 17:59

Spike at the end?

[bhoddhisattva] 27/11/2023 17:15

Like to know who runs that site

[kenmitch] 27/11/2023 15:17

To avoid guesswork, this site is excellent for accurate dividend information including all ex dividend dates and dividend pay days as well as yields and much more. Just click on the various headings at the top:-

[richie1218] 27/11/2023 14:40

33.4p total dividend this financial year. 22.3p due in May.

[cyberian] 27/11/2023 14:04

From memory recall I think that we are expecting a total dividend this year of 34p which would give a current yield of 8.01% on 424p share price advfn are showing under "financials" a yield of 7.46% which appears to be outdated.

[1robbob] 27/11/2023 12:43

425p to 480p = +13%
....presumably after a Final Div of 5.25% (on 425p)

'Equal weight' implies that they think the market is going to rise by a similar %
Teenage scribblers !!

[skinny] 27/11/2023 10:18

FWIW :- Barclays raises Aviva price target to 480 (472) pence - 'equal weight'

[tuftymatt] 27/11/2023 07:56

Another step in the right direction 😀

Good luck all 👍🏻

[cwa1] 27/11/2023 07:47

Small(By Aviva's standards) bolt-on acquisition by Aviva this morning:-



Tracy Garrad, Chief Executive Officer of Aviva Canada, said:

"The acquisition strengthens our offering and distribution capabilities in a highly attractive segment of the Canadian insurance market. We know Optiom well through our existing relationship and are excited about what we can do together to better serve our brokers and customers."



The acquisition is consistent with our capital management framework, which remains unchanged. We continue to anticipate further regular and sustainable returns of surplus capital.



The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in Q1 2024.

[rongetsrich] 26/11/2023 18:37

A take over may well be the way to realise the real value.
In the UK value is hard to justify, a rich foreign company, on a valued stock exchange, may well be the perfect suitor.