Investor and analyst briefing on Health business

Aviva PLC

24 April 2024

 

News Release

24 April 2024

Aviva plc investor and analyst briefing on Health business

Aviva plc ("Aviva" or the "Group") is today hosting an 'In Focus' investor and analyst briefing on its Health business. The event, which commences at 10:00am (BST), will be hosted by Charlotte Jones, Group CFO, and presented by Doug Brown, CEO, Insurance, Wealth & Retirement, and Steve Bridger, Managing Director, Health. 

Health is a core component of Aviva's strategy as it accelerates growth in capital-light areas, grows customer numbers and serves more of their needs. It plays a critical role as part of Aviva's insurance proposition, because of the fundamental, and increasing, importance of health to all of Aviva's customers and to the whole UK population.

The UK health market is experiencing strong and sustained growth, which is set to continue.

Aviva is the number three player, with leading products and a high-performing business that is delivering strong growth and profitability.

Aviva is confident in the future for this business, and aims to deliver £100m of Health operating profit by 2026, underpinned by continued top-line growth and maintaining strong underwriting profitability.

Presentation arrangements

Today's presentation and analyst Q&A will be live-streamed on www.aviva.com, and a recording will be made available on the website shortly after the event. Analysts are invited to attend in person. Presentation slides will be released on Aviva's website shortly before the event.

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Enquiries:

Media:

Andrew Reid                                                                                                         [phone]

Sarah Swailes                                                                                                       [phone]

Marion Fischer                                                                                                     [phone]

Analysts:                                                                                                                                   

Rupert Taylor Rea                                                                                               [phone]

Joel von Sternberg                                                                                              [phone]

Michael O'Hara                                                                                                   [phone]

Note: This RNS contains forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in this statement.

Notes to editors:

·    We are the UK's leading diversified insurer and we operate in the UK, Ireland and Canada. We also have international investments in India and China.

·    We help our 19.2 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we'll be there to put it right.

·    We have been taking care of people for more than 325 years, in line with our purpose of being 'with you today, for a better tomorrow'. In 2023, we paid £25.6 billion in claims and benefits to our customers.

·    In 2021, we announced our ambition to become Net Zero by 2040, the first major insurance company in the world to do so. We are aiming to have Net Zero carbon emissions from Aviva's operations and supply chain by 2030. While we are working towards our sustainability ambitions, we recognise that while we have control over Aviva's operations and influence on our supply chain, when it comes to decarbonising the economy in which we operate and invest, Aviva is one part of a far larger global ecosystem. There are also limits to our ability to influence other organisations and governments. Nevertheless, we remain focused on the task and are committed to playing our part in the collective effort to enable the global transition. Find out more about our climate goals at www.aviva.com/climate-goals  and our sustainability ambition and action at www.aviva.com/sustainability

·    Aviva is a Living Wage, Living Pension and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at www.aviva.com/about-us/our-people

·    As at 31 December 2023, total Group assets under management at Aviva Group were £376 billion and our estimated Solvency II shareholder capital surplus was £8.8 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

·    For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us  

·    The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.

·    You can follow us on:

o  X: www.x.com/avivaplc

o  LinkedIn: www.linkedin.com/company/aviva-plc 

o  Instagram: www.instagram.com/avivaplc

·    For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva 

 

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