Aviva plc has reported an operating profit of £715m in its interim H1 results for H1 2023. This was up by 8% on the £661m posted for the same period last year. The insurer said its UK and Ireland general insurance operating profit was 41% higher at £230 million.

Its UK and Ireland undiscounted combined operating ratio was 96.3% (HY222 : 95.3%). Aviva said this reflected an increase in claims frequency, increased reinsurance costs and inflationary pressures.

Amanda Blanc (pictured), group chief executive officer at Aviva, said: “Aviva is delivering consistently strong and profitable growth. In the first half of 2023 we grew sales, operating profit and dividends for our shareholders. Our excellent trading momentum is a direct result of the decisions we have taken over the last three years to re-focus Aviva.”

She added: “In the UK and Ireland, general insurance premiums were up 13%, with healthy sales in both our commercial and personal lines businesses.”

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