Aviva plc has reported general insurance premiums of £2.9bn for Q1 2025. This is up by 9% on the same period last year. The group’s undiscounted combined operating ratio was 96.6%, a slight deterioration on the 95.8% achieved in Q1 last year. The carrier said it was on course to deliver operating profit of £2bn by 2026.
Amanda Blanc (pictured), group chief executive officer of Aviva plc, said: “Aviva has got off to a great start in 2025. We continue to trade strongly, serving our customers well, growing profitably right across the group, and demonstrating the resilience of our diversified business in a period of market volatility.
“Aviva has leading positions in growing markets and we have seen excellent trading in a number of areas. General insurance premiums increased by 9%, with strong performances in both personal and commercial insurance, including a travel insurance partnership with Nationwide and the benefits of acquiring Lloyd’s insurer Probitas.”
She added: “The acquisition of Direct Line is firmly on track. Direct Line shareholders voted overwhelmingly in favour of the transaction and we expect to complete the deal in the middle of the year.”
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