Aviva: stock dips after quarterly update

(CercleFinance.com) - Aviva shares are down nearly 1% in London this morning, after the insurance company's Q1 2024 trading update, which, however, it says showed strong growth across all its business lines.


The British insurer reported a 16% increase (at constant exchange rates) in general insurance premiums, a 15% rise in net inflows into wealth, as well as sales growth of 5% in protection and health, and 13% in pensions.

Also announcing strong solvency and liquidity positions, Aviva confirms its confidence in the targets presented at its last annual results publication, including an operating profit of £2bn by 2026.


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