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."
Image:

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...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

OSG Ship Management scheme secures £16m buy-in with Aviva

OSG Ship Management scheme secures £16m buy-in with Aviva

Full scheme transaction insures the liabilities of 53 members

Holly Roach
clock 29 April 2025 • 1 min read
Gleaner Pension Scheme completes  £7.5m buyout with Aviva

Gleaner Pension Scheme completes £7.5m buyout with Aviva

Transaction secures benefits of all 26 deferred and 95 pensioner members

Jasmine Urquhart
clock 29 April 2025 • 2 min read
'Healthy' demand for bulk annuity transactions despite volatility, Isio says

'Healthy' demand for bulk annuity transactions despite volatility, Isio says

Consultancy says market has seen ‘strong momentum’ despite uncertainty caused by US tariffs

Martin Richmond
clock 28 April 2025 • 2 min read
Trustpilot