Aviva profits jump 14% to £875m in first half of 2024
The increase was driven by improved profitability in its General Insurance businesses
The increase was driven by improved profitability in its General Insurance businesses
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
Losses would have been shallower without its payment to the US Department of Justice for shielding client money from taxation
Revenue rose 19% to £20.6m
Assets under management fell by 5% over the half year to £123.1bn
‘Strategic rebalancing’ towards higher growth and increased longevity areas
Assets under management fell by 10%