Aviva rocked by S&P downgrade over strategy fears

Arrow going down

S&P lowered the rating for Aviva Plc by one notch to A- from A and the agency also opted to cut the financial strength ratings on all of the group's core operating subsidiaries to A+ from AA-.

Commenting on the downgrades, S&P's credit analyst Simon Ashworth said: "The ratings actions reflect our view of the significant risk and costs associated with Aviva delivering on its strategic plan.

"These risks and costs could be elevated given the current state of macroeconomic uncertainty."

He

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: