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Aviva premiums rise 19% despite drop in bulk annuity sales, maintaining strong 2026 outlook

Market News
14 May 2026
Proactive Investors
View Source
Neutral
pluang ai news

Aviva PLC reported a 19% increase in general insurance premiums to £3.4 billion, driven by growth in personal lines and integration of Direct Line, despite a 7% fall in commercial lines premiums. Bulk annuity sales declined from £1.8 billion to £1.1 billion due to competitive market conditions, although individual annuity sales rose 10%. Wealth net inflows surged 49% to £3.3 billion, with assets under management growing 18% to £233 billion. CEO Amanda Blanc described the start of 2026 as excellent, with the company on track to meet targets including improved profitability and strong cash remittances through 2028.

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