Aviva UKGI profit falls by 35%

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Aviva has reported a 35% fall in operating profit in its UK general insurance business to £250m in 2019 from £383m in 2018.

Its UK combined operating ratio also deteriorated to 97.9% in 2019, compared to 94.6% in the preceding year.

However, net written premiums (NWP) rose by 1% to £4.22bn, up from £4.19bn in 2018.

Aviva stated that the alignment of the UK digital business with UKGI during the year had a significant impact on its financial results.

The business further detailed that

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