{"id":448594,"date":"2026-05-14T14:33:08","date_gmt":"2026-05-14T14:33:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/448594\/"},"modified":"2026-05-14T14:33:08","modified_gmt":"2026-05-14T14:33:08","slug":"aviva-grows-premiums-in-ireland-by-12-in-first-quarter-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/448594\/","title":{"rendered":"Aviva grows premiums in Ireland by 12% in first quarter \u2013 The Irish Times"},"content":{"rendered":"

Insurer Aviva <\/a>grew the total value of its written premiums in Ireland by 12 per cent to \u00a3157 million (\u20ac181.3 million) in the first quarter of the year, it said in a trading update on Thursday.<\/p>\n

The company, which has 25.2 million customers in Ireland, Britain and Canada, said it grew personal lines in Ireland by 26 per cent from \u00a360 million to \u00a375 million, while commercial lines grew by 2 per cent to \u00a382 million.<\/p>\n

Amanda Blanc, group chief executive, said the company \u201cdelivered another quarter of strong trading, building momentum in 2026\u201d. <\/p>\n

\u201cWe made excellent progress in general insurance, growing premiums by 19 per cent and improving profitability significantly in the UK, Ireland, and Canada,\u201d she added.<\/p>\n

Ireland premiums were up 12 per cent to \u00a3157 million, which the group said reflected \u201cstrong retention\u201d and the launch of a new partnership in personal lines. <\/p>\n

Undiscounted combined operating ratio, which is a key insurance metric measuring profitability, improved by 18.5 percentage points to 99.3 per cent. A ratio under 100 per cent indicates an underwriting profit. <\/p>\n

The FTSE 100-listed group said the performance in this metric reflected \u201cprior-year impacts from Storm \u00c9owyn and partly offset by large losses in the current period\u201d.<\/p>\n

The company said sales in Ireland within its retirement division were up by 50 per cent from \u00a3700 million to \u00a31.1 billion.<\/p>\n

This was driven by \u201clarge scheme wins\u201d in group protection and impacts from regulatory changes in pensions. The value of new business increased 48 per cent from \u00a312 million to \u00a318 million.<\/p>\n

Blanc separately said businesses were being harmed by political turmoil in Britain, as UK prime minister Keir Starmer faces a leadership challenge.<\/p>\n

\u201cThere have been too many changes of government strategy, leadership, just in my six years of being CEO, and I think that is harmful to a major economy such as the UK and how we are perceived abroad,\u201d Blanc said.<\/p>\n

\u201cWe don\u2019t operate in a vacuum, and we think it\u2019s very important that we get some stability.\u201d <\/p>\n

Blanc said many of the Labour government\u2019s policies, including on pensions reform, had been well received by companies, but uncertainty had consequences, citing the markets crisis during the short-lived premiership of former Conservative leader Liz Truss.<\/p>\n

\u201cWe\u2019ve only got to look at the market reaction to [Truss\u2019] mini-budget, to gilts \u2013 these are the sort of things that really matter,\u201d she added.<\/p>\n

Total assets under management at Aviva Group were \u00a3454 billion at the end of last year, while its shareholder capital surplus on March 31st was \u00a36.1 billion. Its shares are listed on the London Stock Exchange. (Additional reporting: Reuters)<\/p>\n","protected":false},"excerpt":{"rendered":"Insurer Aviva grew the total value of its written premiums in Ireland by 12 per cent to \u00a3157…\n","protected":false},"author":2,"featured_media":448595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6573,61,60,1194,43],"class_list":["post-448594","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-aviva","tag-ie","tag-ireland","tag-keir-starmer","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/448594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=448594"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/448594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/448595"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=448594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=448594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=448594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}