Aviva CEO Amanda Blanc: 'My job is not done at all'

Aviva CEO Amanda Blanc: 'My job is not done at all'

Aviva's first half of 2025 has been marked by robust financial performance and strategic momentum, as highlighted by the company's recent interim results. Group operating profit surged by 22%, reaching £1,068m, while Solvency II OFG increased by 20% to £909m [1]. The company's CEO, Amanda Blanc, emphasized the significance of these results, stating, "Aviva’s performance in the first half of 2025 was outstanding, growing operating profit by 22% and extending our track record of delivery."

Blanc noted that the acquisition of Direct Line, completed in July, is well underway, with integration progressing at pace. The combined business is now a UK market leader, boasting over 21 million customers. While the acquisition's financial benefits are expected to be fully realized in the future, the CEO expressed confidence in its potential to contribute significantly to Aviva's growth trajectory.

In general insurance, Aviva saw a 7% increase in sales and a 29% rise in operating profit. The health business also performed well, with in-force premiums growing by 14%. Meanwhile, wealth management saw net flows increase by 16%, or 6% of opening assets under management (AUM), reflecting strong growth in the Workplace and Platform segments.

Blanc underscored Aviva's commitment to accelerating growth in capital-light areas, such as wealth, health, and general insurance. She emphasized that the company's positive momentum will continue, with the expectation of meeting the Group targets outlined in the 2023 full-year results presentation.

Looking ahead, Aviva will provide further details on the integration of Direct Line and its impact on Group targets at an 'In Focus' event in November. The company remains confident in meeting its standalone targets, including an operating profit of £2bn by 2026 and Solvency II OFG of £1.8bn by the same year.

Reference:
[1] https://www.aviva.com/newsroom/news-releases/2025/08/HY2025-results-announcement/