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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
  -7.60 -1.62% 460.10 460.40 460.60 470.30 459.00 466.00 12,131,127 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 33,184.0 801.0 50.1 9.2 18,076

Aviva 1Q General Insurance Sales Rose; Backs Dividend Guidance

18/05/2022 8:10am

Dow Jones News


Aviva (LSE:AV.)
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From May 2022 to Aug 2022

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By Michael Susin

 

Aviva PLC said Wednesday that sales in general insurance rose in the first quarter and reiterated its dividend views for 2022 and 2023.

The FTSE 100 listed insurer said general insurance gross written premiums in the period rose to 2.1 billion pounds ($2.62 billion) compared with GBP2.0 billion a year earlier.

The value of new business in the U.K. and Ireland rose 31% to GBP144 million.

The insurer ended the quarter with a Solvency II ratio--a measure of capital strength--of 198% compared with 191% last year.

Aviva said the acquisition of Succession Wealth remains on track to complete in the second half of 2022.

The company also backed its dividend guidance of around GBP870 million for 2022 and GBP915 million for 2023, or the equivalent of 31.0 pence a share and 32.5 pence a share, respectively.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

May 18, 2022 02:55 ET (06:55 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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