Aviva posts Q1 results

Aviva plc has reported gross written premium in its general insurance business of £2.1bn for Q1 2022, up 5% on the same period last year. In the UK, personal lines GWP was down 2% to £627m, while commercial lines GWP rose 11% to reach £611m. The combined operating ratio for the UK general insurance business deteriorated by 7.3 percentage points to 99.4%.

Highlighting the general insurance numbers, Amanda Blanc (pictured), group chief executive officer, said: “We had our best first quarter sales in a decade, as more people were attracted to the strength of the Aviva brand and the quality of our products. Total general insurance sales were up 5% to over £2 billion, driven by strong sales in commercial lines in both the UK and Canada.”

She added: “We remain very well positioned to benefit from the long term growth trends in our markets, and to meet our upgraded financial targets.”

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