Aviva reported growth in third-quarter insurance premiums and continued net inflows into wealth management, with its performance outlook in line with expectations and confidence in the rest of the year.
According to Sina Finance, total gross written premiums were £3.71 billion, compared with £3.68 billion a year earlier. Wealth management recorded net inflows of £3.24 billion, up 29% year over year. Assets under management reached £266.64 billion as of September 30, compared with £223.62 billion a year earlier.
Aviva reaffirmed its full-year guidance, saying operating earnings per share would be broadly in line with its 11% growth target. It also said it expected to meet the medium-term targets set through 2028 following its 2025 acquisition of Direct Line Group.
CEO Amanda Blanc said Aviva’s ongoing business performance, its strengths in artificial intelligence and its leading market position gave the company greater confidence in meeting its three-year financial targets and achieving long-term profitable growth.