Aviva has reported common insurance coverage premiums of £3.4bn within the first quarter of 2026 (Q1 2026), up 19% from £2.9bn a yr earlier.
In UK and Eire (UK&I) common insurance coverage, premiums rose by 26% to £2.5bn from £2bn.
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The rise was pushed by a 59% rise in private traces, reflecting the inclusion of Direct Line and progress by way of intermediaries. Business traces premiums fell by 7%, with the score setting weighing on efficiency, partly balanced by sturdy retention.
In Canada, common insurance coverage premiums edged up 3% in fixed foreign money to £900m.
Private traces elevated by 4%, supported by price adjustments, whereas industrial traces rose by 1% following scheme wins in international, company & specialty, though market pricing situations restricted progress.
Throughout the group, the undiscounted mixed working ratio improved by 2.5 share factors to 94.1%. The discounted mixed working ratio was 90%, in contrast with 92.9% in the identical interval final yr.
The insurer’s safety gross sales have been £88m, down 2% from £89m.
Progress in group safety was offset by a decline in particular person safety, which had been supported within the prior interval by stronger demand earlier than stamp obligation adjustments.
Well being in-force premiums have been 9% larger, whereas the well being enterprise remained at a low-90s mixed working ratio.
Well being gross sales dropped 31% to £25m from £37m, reflecting weaker demand in client and small and medium-sized enterprise segments.
Retirement gross sales totalled £1.1bn, in contrast with £1.8bn a yr earlier.
Inside that, particular person annuities gross sales elevated by 10% and fairness launch gross sales rose by 8%.
Bulk buy annuities volumes stood at £600m, down from £1.3bn, because the group stored pricing self-discipline in what it described as a aggressive market.
The insurer stated it expects to ship greater than £350m of capital synergies from Direct Line by the tip of the yr, on high of round £150m delivered on the finish of 2025.
Aviva stated it stays on track to satisfy its group targets, together with working earnings per share progress of 11% compound annual progress price for 2025–28; Worldwide Monetary Reporting Requirements return on fairness above 20% by 2028; and cumulative money remittances of greater than £7bn from 2026–28.
Aviva accomplished the acquisition of Direct Line Group on 1 July 2025. The Q1 2026 figures embody Direct Line inside the Private Traces enterprise in UK&I common insurance coverage.
