Aviva plc has reported gross written premium of £2.4bn in its general insurance business for Q1 2023, this was up by 11% on the same period last year. The figures, published in a trading update, showed that UK and Ireland gross written premium was up 13% to £1.5bn.

The group posted a combined operating ratio of 95.4%, a slight improvement on the 95.7% posted in the same period last year.

Amanda Blanc (pictured), group chief executive officer at Aviva, said: “Our general insurance business goes from strength to strength. We have grown premiums 11% and maintained attractive levels of profitability, thanks to our disciplined management of inflationary pressures and our balanced mix across personal and commercial lines, and across the UK, Ireland and Canada.”

Commenting on other parts of the business, she added: “Private healthcare sales grew by 25%, as more individuals and companies are attracted to the benefits of private cover. The bulk purchase annuity market is very active due to the higher rate environment, and we have now completed over £2bn of deals so far this year. Our workplace pensions business is also very buoyant, with flows up 25% due to 134 new scheme wins and higher wages feeding through to higher pension contributions.”

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