In 2015, Aviva’s operating profit increased 20% compared to 2014 to £2,665m, thanks to the contribution from Friends Life (£554m) and underlying growth (£103m). Adverse forex movement cost it £117m. The Life business performed well with operating profits at £2,419m (up 20% yoy) and a VNB at £1,192m (up 24% yoy but only 14% excluding the impact of Friends Life). The General Insurance & Health operating profit recorded a 5% decline relative to FY 14
10 Mar 2016
The “new Aviva” is emerging
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The “new Aviva” is emerging
Aviva plc (AV:LON) | 463 24.5 1.2% | Mkt Cap: 12,521m
- Published:
10 Mar 2016 -
Author:
Bassem Neifer -
Pages:
3
In 2015, Aviva’s operating profit increased 20% compared to 2014 to £2,665m, thanks to the contribution from Friends Life (£554m) and underlying growth (£103m). Adverse forex movement cost it £117m. The Life business performed well with operating profits at £2,419m (up 20% yoy) and a VNB at £1,192m (up 24% yoy but only 14% excluding the impact of Friends Life). The General Insurance & Health operating profit recorded a 5% decline relative to FY 14