Aviva continues growth plans
Aviva has reported operating profits up 13% to £1,325 million with general insurance net written premiums up seven per cent to £3,991 million in its 2016 interim results.
Mark Wilson, group chief executive officer, said, ‘Operating profits are up 13% and the dividend is up 10%. We are delivering consistent, stable and predictable growth despite challenging market conditions.
‘Our UK businesses delivered encouraging results. We are growing in the UK, we are investing in the UK. We like the UK. And we are also benefitting from Aviva’s diversity, with 42% of our earnings1 coming from outside of the UK.’
The insurer reported a 96.2% general insurance combined operating ratio.