Insurer could also cut dividend
Aviva will make a loss of more than £3bn when it reports its results on Thursday, the Sunday Times reported.
The losses have been caused by the company’s restructuring, which has seen it sell or exit divisions it deems non-core in a bid to improve its financial strength.
The results are expected to show that the sale of Aviva’s US life business alone has resulted in a £3.2bn write-down.
The company could also cut its dividend, the paper warned. Such a move could prove unpopular with investors. Stockbroker Investec warned in January that a dividend cut could risk “alienating many shareholders”.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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