Just a quick update from Aviva as you start the coffee round at BIBA;
Our Q1 2025 trading update marks a strong start to the year, with more than £2 billion of premium written across our UK & Ireland GI businesses this quarter.
In response to market conditions, we’ve kept a disciplined approach to rating. This has enabled us to maintain long term profitability, while growing our volume and improving our COR.
In Commercial Lines, we’ve seen significant growth in Global, Corporate and Specialty (GCS), and we’ve launched seven new lines of business through Probitas since the deal with Aviva completed. Our growth continues in SME, driven by strong retention and positive rate.
In Personal Lines, we’ve successfully grown our retail brands and expanded our footprint through strategic partners. Building on our role as Nationwide’s travel insurance provider, we’re now proud to offer home insurance to its customers.
We’re confident in our strategy and well placed to make the most of opportunities across our diverse markets. Thank you to everyone who has made this possible.
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