Aviva (AV.)

Sector:

Insurance

Index:

FTSE 100

401.60p
   
  • Change Today:
      0.30p
  • 52 Week High: 602.90
  • 52 Week Low: 394.65
  • Currency: UK Pounds
  • Shares Issued: 2,802.70m
  • Volume: 4,166,836
  • Market Cap: £11,256m
  • RiskGrade: 140

Aviva reaffirms guidance as general sales rise 5%

By Frank Prenesti

Date: Wednesday 18 May 2022

LONDON (ShareCast) - (Sharecast News) - UK insurer Aviva on Wednesday reaffirmed annual guidance after reporting an increase in general insurance sales to their best level in a decade.
The company said general insurance gross written premiums rose 5% to £2.1bn, driven by a strong performance in commercial insurance in Britain and Canada. Life sales rose 1% to £8.7bn.

"We remain very well positioned to benefit from the long term growth trends in our markets, and to meet our upgraded financial targets. This is underpinned by our strong capital position which benefits from rising interest rates," said chief executive Amanda Blanc.

"We remain confident and on track to meet the cash remittance, own funds generation, and cost reduction targets. Our dividend guidance of £870m for 2022 and £915m for 2023 remains unchanged."

Earlier this week, Aviva released £3.75bb to shareholders via a B-share programme, and will also return a further £1bn by the end of this month.

Aviva, which is under pressure from activist investor Cevian Capital, added that was on track to deliver £750m worth of gross cost savings by 2024.

"We remain confident and on track to meet the cash remittance, own funds generation, and cost reduction targets outlined at our FY 2021 results presentation," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Aviva Market Data

Currency UK Pounds
Share Price 401.60p
Change Today 0.30p
% Change 0.07 %
52 Week High 602.90
52 Week Low 394.65
Volume 4,166,836
Shares Issued 2,802.70m
Market Cap £11,256m
RiskGrade 140

Aviva Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.48% above the market average98.48% above the market average98.48% above the market average98.48% above the market average98.48% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
22.04% below the market average22.04% below the market average22.04% below the market average22.04% below the market average22.04% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Income
91.04% above the market average91.04% above the market average91.04% above the market average91.04% above the market average91.04% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 12
Buy 1
Neutral 6
Sell 0
Strong Sell 1
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Aviva Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Apr-22 26-Aug-21
Paid 19-May-22 07-Oct-21
Amount 14.70p 7.35p

Trades for 01-Jul-2022

Time Volume / Share Price
16:45 1,259 @ 400.50p
16:45 1,259 @ 400.50p
16:45 29,379 @ 400.50p
16:45 29,379 @ 400.50p
16:35 1,328,874 @ 401.60p

Aviva Key Personnel

CFO Jason Windsor
CEO Amanda Blanc

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