Aviva Q1 premiums up, net inflows fall

24th May 2023 08:24

(Sharecast News) - UK insurer and investment firm Aviva reported a rise in general premiums although volatile markets resulted in a slowdown of cash inflows at its wealth division.

General insurance premiums for the first quarter rose 11% to £2.4bn, while private healthcare revenue grew 25% as private cover became more popular.

However, net flows to its investment division fell 15% to £2.3bn.

Reporting by Frank Prenesti for Sharecast.com