Aviva takes substantial hit from Covid-19 claims

Aviva

Pandemic-related claims had a significant impact on the insurer’s interim results

Aviva has confirmed that it has taken a £165m hit from Covid-19 claims, it announced in its interim results published this morning.

The impact of the pandemic saw the insurer’s operating profit decline to £1.2bn and combined operating ratio (COR) deteriorate by three points to 99.8% during the first half of 2020.

Read more…

(If you’re already a subscriber, please sign in here.)

Get access with a 14-day free trial

This article is usually available exclusively to subscribers.

Subscribe for full access - Take out a print and online or online only subscription

For a limited period, you can enjoy all the benefits of an online subscription free for 14 days. Sign up now to read this article in full and to enjoy unlimited access to premium online content, a digital edition of the latest issue, plus an online archive of back issues.

Also, as a registered user, you will be able to -

  • Access unlimited breaking industry news as it happens
  • Sign up to a choice of daily and weekly newsletters

Register to view free premium content