Aviva Q1 premiums rise 19%

Aviva reported Q1 2026 general insurance premiums of £3.4 billion, up 19% year over year, while the group combined operating ratio improved to 94.1%. Wealth net flows increased 49% to £3.3 billion, supported by growth in workplace pensions and platform inflows.

The insurer said integration of Direct Line remains on track, with policies sold through price comparison websites nearly doubling since the start of the year. Aviva also reaffirmed its 2026 guidance and said it expects to remain within its target solvency range after delivering planned Direct Line capital synergies.

“We have delivered another quarter of strong trading, building momentum in 2026. We delivered profitable growth across Aviva despite global market volatility, demonstrating yet again the advantages of our market-leading positions and diverse business model.

We made excellent progress in General Insurance, growing premiums by 19% and improving profitability significantly in the UK, Ireland, and Canada. The integration of Direct Line is firmly on track with stronger profitability and policies sold through price comparison websites have nearly doubled since the start of the year. In Wealth, where we are the number one player, we delivered another very positive performance, increasing net flows by 49% to £3.3bn. Our workplace pensions business performed particularly well, increasing net flows by 71%, and the tax-year end was another success, with strong inflows in our adviser platform and direct wealth business.

We have made an excellent start to 2026. Our continued strong trading performance, high quality balance sheet, and diverse set of leading businesses, gives us confidence that we are well placed to meet our group targets, and deliver even more for our customers and shareholders this year.” – Group CEO, Amanda Blanc.