Aviva bulk annuity sales increase 15% to £1.86bn

Annuities and equity release profit for H1 has increased to £346m

Hope William-Smith
clock • 1 min read
Brown: “We will continue to grow our BPA business in an efficient way."
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Brown: “We will continue to grow our BPA business in an efficient way."

Sales of bulk purchase annuities (BPA) by Aviva in the first half of the year increased 15% to £1.9bn, according to half year results published by the firm today (10 August).

Aviva noted the £1.9bn in risk reduction activity recorded for H1 was notably higher than the £1.6bn recorded between January and June last year and said it "chose to maintain pricing discipline in...

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