However GI & health performance weaker than predicted
Aviva's life business (up 9% from 2016) performed 6% better than the Goldman Sachs estimate and 5% better than consensus, while GI & health was down (-16%) to £700m (from £833m last year). Life profits were £2,882m for the year (up from £2,642m in 2016) supported by a +£86m benefit (vs £50m last year) from the annuity business's increasing concentration of illiquids within its asset mix and £290m related to longevity assumption changes. The firm said it was encouraged by new business growth...
Ann Harris and Mike Dailly start roles on 1 October
Commercial insurance platform providers are showing interest in the life space in a bid to help improve the accessibility and cost of cover for the self-employed, writes Suzanne Clarkson
Broker industry set for year of growth, says research from Aviva
Aggregator for Amazon Protect product for accidental and theft insurance, claims Reuters