Aviva: Life profit shows decline 'due to challenging market'

Aviva results show operating earnings per share up 2%, however life business is down 8% - from £1,392m to £1,282m - during the first six months of 2019. Its overall operating profit is up 1% to £1,448m, with IFRS profit after tax standing at £1,180m. According to CEO Maurice Tulloch, Aviva's financial position for H1 2019 is "mixed" with strong general insurance results showing a combined ratio of 95.9%. Its general insurance and health has grown 29% year on year - from £302m to £391m in 2019 - however life insurance and asset management operating profits have declined "due to chal...