Aviva has reported that its UK & Eire premiums elevated 18% to £3,809m within the first six months of 2024 (HY23: £3,219m) with sturdy development throughout all enterprise traces, particularly private.
The working revenue was 25% larger at £287m (HY23: £230m) which Aviva attributed to improved underwriting earnings and improved funding returns.
The UK&I undiscounted COR was 95.8% (HY23: 96.3%), and discounted COR was 92.2% (HY23: 93.1%).
Aviva’s UK&I private traces premiums jumped 30% to £1,811m (HY23: £1,389m) with it including the vast majority of the expansion mirrored “sturdy ranking actions taken within the inflationary atmosphere and new enterprise, notably from the Aviva Zero and PCW propositions
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