Aviva Share Discussion Threads

[spud] 09/1/2024 15:58

This year's insurance premium is £120.92 including any optional extras you have on your policy and Insurance Premium Tax. You will also pay an arrangement fee of £25.00. The total amount you will pay this year is shown opposite.

Last year's insurance premium was £37.14, based on your current details, including optional extras and Insurance Premium Tax. Last year you also paid an arrangement fee
of £25.00, making the total you paid last year, £62.14.


So, £146 v £62 last year on one bike. As I said earlier, I predict a very profitable year for insurers.

spud

[spud] 09/1/2024 15:52

Thruxton R and Z900RS.

spud

[xongkudu] 09/1/2024 14:21

Spud

What bikes have you got?

[whatsup32] 09/1/2024 10:00

Kegal&General. Berenberg lifted to Buy. Yesterday

[whatsup32] 08/1/2024 17:45

Oil down 4% today , should help reduce fuel prices which will mean more driving . It should help with inflation hence drop in rates sooner than later.

Edit 4.7% now

[1robbob] 08/1/2024 16:52

Thanks cjac
Miniscule ROC, looks to be a raging sell if they could find a buyer?
But perhaps, would knock a small hole in your scheme for Aviva Investors!!

[whatsup32] 08/1/2024 16:46

Closed 436?

[cjac39] 08/1/2024 15:55

im not sure the mix of PH:SH of these with profits amounts. they obviously reattributed one of the large funds , i guess NU, but not all as they still have ring fencing in their solvency calcs. the value and cashflow value though is the op profits. in H1 23 they disclosed £95mln of op profit for heritage. thats where i guessed 160-180 as thats an IFRS number. they then disclose operating value added as £41mln which would suggest that thats the profit and the rest is capital unwind and therefore in OF / BS calcs already. seems like a very low number for that scale of AUM though. all told i woudl think less than £1bln of value in here.

[1robbob] 08/1/2024 15:39

cjac
How much of the £75bn-£80bn 'could' be atributable to AV?
I am guessing that it must be worth at least £2.7bn (after tax).
....So they could return a further 100p per share without damaging the P&L...and without having to change the dividend policy.

[cjac39] 08/1/2024 15:03

hi 1rob. they arent particularly forthcoming about heritage and its split. i think from memory its c£75-80bln of aum and throws off 160-180mln per annum but this is declining rapidly. my guess would be hard to disentangle but they dont like the low ROE of this biz

[ldavis] 08/1/2024 12:52

I don't think general personal 3rd party cover is that common, though for the most likely risks it could well be covered under specific insurance policies, i.e Househo;d insurance will generally include public liability relating to the propert itself, pet insurance for claims due to your animals , and obviously vehicle insurance for road incidents.

Legal expenses cover either as part of car or household insurance is quite common but that would only provide for the cost of defending against any claims, not any resulting damages awarded.

[uppompeii] 08/1/2024 12:32

Most people will have third party liability cover on their home insurance. It's cheap as chips so is often a free add on. This is why it's nonsense when motorists bang on about cyclists not being insured. Most will be, even if they don't know it.

[alphorn] 08/1/2024 11:59

Any responses to my post #447?

Do all posters have personal third party cover for themselves and family, or not?

[marksp2011] 08/1/2024 11:53

SW is deeply in the mire on its Bulk Pensions business.
Top of the FCA complaints list and about to get further press coverage that isn't going to be positive :)

[makinbuks] 08/1/2024 10:06

1rob, I thought they were selling a portfolio of endowments rather than an open business. Have I got that wrong? The Heritage business might not have been developed from bulk annuity purchases, but isn't that effectively what it is now? Excuse my ignorance

[1robbob] 07/1/2024 15:51

Makinbucks
No. Scottish Widows are selling their Bulk Pension Annuity business

[whatsup32] 07/1/2024 14:27

My house and shop with upper parts went uninsured for many many years with no issues . Only recently I started insuring my house as it’s a terrace and could be subject to damage to/from neighbours houses who were having extensions done also because I’m becoming risk averse.

Also went without AA cover for decades , even if there was a breakdown now i more then covered it from savings. Having said that I noticed pre Christmas AA have sales on at £70 for breakdown and recovery well worth risk reward.

Empty buildings cost fortune to insure, quoted over £6k a building that’s vacant

[alphorn] 07/1/2024 14:04

I don't fully agree with the principle of self insurance. All well and good where the possible loss is known, however, there are rare events, cheap to insure, but with very high claims exposure. An example is personal third party cover. You could cause an event (eg hit someone skiing) that could wipe you out financially.

edit: common in the UK? I have forgotten.

[spawny100] 07/1/2024 13:06

Whilst I agree with your gambler friend MP - insurance is basically you taking a bet out on something going wrong (and vice versa). But when I can get buildings and contents cover for around £100 it makes no financial sense to me not to take out insurance!

[makinbuks] 07/1/2024 12:55

1rob, When you say Heritage business aren't you referring to exactly what Lloyds are currently said to be selling? Surely that market transaction will give the only meaningful answer?