Aviva GI profits grow and COR improves
Aviva UK & Ireland also reports 17% growth in operating profit to £259m as net written premiums go up and digital investment pays off.
Aviva as a group has delivered operating profit of £1.5bn for the first half of this year (HY 2016: £1.3bn), an increase of 11%.
In addition its general insurance and health division improved operating profit to £417m from £334m, according to figures reported by the insurer. General insurance net written premiums were also up 11% to £4.7bn (HY16: £3.9bn).
The GI COR also improved to 94.5% from 95.7% for the same period last year. The general insurance underwriting result increased 50% to
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