Aviva profits dented by Covid-19 but bulk annuities offset fall

James Phillips
clock • 3 min read

Aviva’s operating profit fell by 11% in the first half of the year as Covid-19 hit business activity, although a growth in bulk annuity sales partially offset the drop.

The insurer and pension provider reported an operating profit of £1.2bn in the first six months of the year, compared to £1.4bn in the same period last year. Meanwhile, its operating earnings pe...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Industry may have 'glimmer of hope' to reduce gender and ethnicity pension gaps

Industry may have 'glimmer of hope' to reduce gender and ethnicity pension gaps

Research finds women from ethnic minorities likely to face ‘particularly acute’ disparity in pensions wealth

Martin Richmond
clock 28 January 2026 • 4 min read
VLK appointed as fiduciary manager for two Holcim Group schemes

VLK appointed as fiduciary manager for two Holcim Group schemes

VLK will deliver a bespoke FM service working with the trustees

Holly Roach
clock 28 January 2026 • 2 min read
Annuity rates rose to 7.51% by end of 2025, Standard Life finds

Annuity rates rose to 7.51% by end of 2025, Standard Life finds

Firm says the rise is worth an extra £7,000 to £9,000 in lifetime income for a 65-year-old

Holly Roach
clock 28 January 2026 • 2 min read
Trustpilot