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

TPR data shows 25 master trusts have invested £5.3bn in unlisted UK private markets

TPR data shows 25 master trusts have invested £5.3bn in unlisted UK private markets

Regulator’s data reveals investment trends across the £200bn master trust market

Holly Roach
clock 13 July 2026 • 1 min read
DWP lays out timetable for implementation of pension reforms

DWP lays out timetable for implementation of pension reforms

Timetable published with the updated pensions roadmap

Martin Richmond
clock 13 July 2026 • 5 min read
DWP publishes consultation on VfM framework

DWP publishes consultation on VfM framework

Framework sets out the plan to shift the focus from cost to overall value

Holly Roach
clock 13 July 2026 • 4 min read
Trustpilot