Aviva Share Discussion Threads

[geckotheglorious] 07/2/2024 09:32

Dope.
I used Hastings for 1 year - farkers wouldn't give me a quote the following year because I claimed for burst sewage pipes.

Bunch of charlatans lookin to ponce off those who never have any problems.

[cwa1] 07/2/2024 09:13

LOL, I KNEW that was coming :-)) And you could well be correct...

[dope007] 07/2/2024 09:08

Bad choice using Hastings though

[cwa1] 07/2/2024 08:58

Apropos nothing much at all, but my house was insured through Aviva last year. The premium has increased by 40% this renewal. As usual I did a "shoping around" exercise and found a quote at Hastings Direct that was slightly less than last year's Aviva cover-with marginally lower excesses in to the bargain.

I thought I'd give Avivia a call just to see if they could improve or match the new quote and found out a few intersting(to me at least) things...

Firstly, it was difficult to even find a number to phone them on on their website but got one through Google

Secondly, on their website they starkly comment that they have given customers the best quote in any messages they send and that they won't match competitiors quotes or change the price in any way

Thirdly, being a cussed type I thought I'd phone them anyway just to see if this was all true :-) In the recorded message they again stress that their operatives will not and can not match competitor'r quotes and they any quote given is their best one.

Finally I got through to a human-who didn't even attempt to retain my business and quietly took my cancellation request and assured me that no further payments would be taken. All done in seconds and off to Hastings now!

Changed days from the times when the operative wouldn't let you off the phone until they'd tried EVERY trick in the book to keep your business ;-)

Not sure whether to be happy that they're only writing profitable business(I trust)...or to be slightly concerned that they aren't making ANY, even token, attempt to try and retain "loyal" sitting customers that must be reasonably cheap to retain...

[ayl30] 07/2/2024 08:43

Yes just sitting quietly. A long term hold for me, playing the long game.

[carpingtris] 07/2/2024 08:42

Anyone still here?

[1robbob] 05/2/2024 14:29

Masurenguy
This question has been asked many times before, if you check back through previous posts!!!!!
.....The Annual Results are not due until the 7th March...that is when the dividend will be announced.
It is expected to be 22.3p

[masurenguy] 05/2/2024 14:00

When is the dividend XD and is it 20.7p ?

[whatsup32] 05/2/2024 12:29

Come on Av. You must be the most undervalued company out there that's about to go xdiv in a month or so.

[engelbert1969] 04/2/2024 21:58

I'll take them thanks tufty

[tuftymatt] 04/2/2024 21:39

3 points to Engelbert 👍🏻

[engelbert1969] 04/2/2024 21:27

I know this one! :)
Silicon Valley Bank collapse. Share price was motoring last year before that happened

[tuftymatt] 04/2/2024 15:40

Yes it's hard to argue why it shouldn't be higher or equal to where it was pre the SVB crisis last year that's for sure!!

Good luck all 👍🏻

[tornado12] 04/2/2024 10:00

Nice post thanks … strongly believe Aviva going in the right direction for SH

[masurenguy] 03/2/2024 08:43

Aviva cash handout might be bigger than expected, suggests US bank

Aviva has more cash to play with than the market thinks, according to analysts at Jefferies, who have lifted their buyback forecasts to £350m for 2023. While falling interest rates reduce Aviva's Solvency II ratio, it will likely result in a larger own funds balance (in £m), adds the US bank. “With the Solvency II ratio at a robust 206% (above Aviva's 180% target) and a larger capital base, the company arguably now has more firepower to fund special capital returns. As a result, we lift our share buyback assumption from £330m in 2023 to £350m with future buybacks to rise in £50m increments annually thereafter (FY24: £400m, FY25: £450m).”

Earnings too look well-supported, Jefferies suggests, with consensus currently expecting an operating profit of £1,429m, implying 5.7% year-on-year growth and broadly in line with its own updated forecasts (£1,420m). Aviva also reiterated its 5%-7% operating profit growth guidance at its Q3 update at a time when the impact of most 2023 weather losses in the UK and Canada were known. “With a higher Solvency II surplus, and thus more excess capital (in £m), we lift our price target to 490p and reiterate our Buy rating.”

[cyberian] 02/2/2024 11:47

I do appreciate some well informed and detailed posts on this BB unlike my own which have become too personal and somewhat frustrated with lack of a re-rating. Anyway, in retrospect I may have been wiser and more balanced by adding to my LGEN holding but probably too late now. Anyway, I will sit on my hands and enjoy other posters who can be more constructive in their contribution. I am at an age when dividend income is weighted more than capital appreciation but I am sympathetic and understand the frustration of others here that look to a more acceptable share price I agree with poster Rob that there are some large players who may have Aviva on their radar for a number of reasons. Best wishes.

[spud] 02/2/2024 11:29

Yup Xong, that's about the Long and Short (pun intended) of it.

Perhaps they should rename it the LCBM (London Company Bond Market).

spud

[skinny] 02/2/2024 10:31

Post 18561 - exactly!

A clear example of the Peter principle.

His time at the FCA speaks volumes.

[muscletrade] 02/2/2024 06:45

(MT Newswires) -- Bruce Van Saun, CEO of Citizens Financial Group, says the problems faced by the banking industry last year have largely been resolved. He notes that some bank failures were due to aggressive corporate strategies and overly rapid growth, problems that were exacerbated by the Federal Reserve's (Fed) rapid rise in interest rates.

Bruce Van Saun notes that the regional banks managed the interest rate risk well, which helped to stabilise deposits over the year, leading to a return to normal. He was surprised by the problems at New York Community Bank (NYCB), which he regards as an isolated case, but which nevertheless created concern in the market, particularly for commercial real estate.

He points out that unrealized losses in commercial real estate have not yet been fully recognized and that some banks may have to increase their provisions. For Citizens Financial Group, Van Saun says that their commercial property portfolio is in good shape, although they are particularly focused on the office sector, which is under pressure due to a slow recovery and higher interest rates.

[muscletrade] 02/2/2024 06:01

Shades of last March.

[muscletrade] 02/2/2024 05:58

As others have mentioned yesterdays price action probably associated with US. Financials in the US S&P500 had a very tough time yesterday. Among them Met Life down 6.5%,Citizens down almost 6%,Zions Bank down 8% etc etc