Aviva published FY23 results

Health driving increased sales

Cameron Roberts
clock • 1 min read

Provider, Aviva, has published its financial year results for 2023, showing that protection and health sales were up 16%.

This growth was driven by strong growth in health, which was up 41%, as well as individual protection which grew 13% as a result of "strong" growth in independent financial adviser (IFA) and direct channels. Despite this growth in sales, overall value of new business value was 3% lower than the previous year. Aviva put this down to an increase in interest rates offsetting the growth in sales. Doug Brown, CEO, Aviva Insurance, wealth and retirement, said: "Our Insurance business delivered significant sales growth across health and individual protection, as we continue to meet our custo...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Income protection held by 14% of UK adults: Iress

Income protection held by 14% of UK adults: Iress

19% were 'adequately' protected

Jaskeet Briah
clock 04 March 2026 • 2 min read
One in five homeowners review protection when remortgaging

One in five homeowners review protection when remortgaging

Remortgaging activity set to rise amid interest rate cuts

Jaskeet Briah
clock 02 March 2026 • 2 min read
NatWest launches protection product suite

NatWest launches protection product suite

Products underwritten by Aviva

Jaskeet Briah
clock 25 February 2026 • 1 min read