Aviva plc First Quarter 2015 Interim Management Statement

Aviva plc First Quarter 2015 Interim Management Statement

ID: 391596

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 05/07/15 -- Aviva PLC (LSE: AV) (NYSE: AV)



7 May 2015





"Aviva's turnaround is on track and ahead of schedule. It's been a busy quarter. We have completed the acquisition of Friends Life and at the same time delivered an improvement in our key metrics. Value of new business is up, our general insurance combined operating ratio has improved and our IFRS book value has grown over the quarter. In the face of unpredictable global markets, we continue to improve the Group's resilience.

"Detailed plans to integrate Friends Life are well underway and whilst this is a challenging and complex project, we are confident of timely progress. We expect 2015 to be a year of continued delivery of our turnaround plan."





1 On a constant currency basis.
2 Europe excludes Eurovita and CxG and Asia excludes South Korea.
3 The economic capital surplus represents an estimated position. The economic capital requirement is based on Aviva's own internal assessment and capital management policies. The term 'economic capital' does not imply capital as required by regulators or other third parties.
4 Based on Aviva's pre-acquisition NAV per share at 31 March 2015 of 348p.







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0044-207797-4400




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Bereitgestellt von Benutzer: Marketwired
Datum: 07.05.2015 - 06:00 Uhr
Sprache: Deutsch
News-ID 391596
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LONDON, UNITED KINGDOM



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Commercial & Investment Banking



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