Aviva plc (LON:AV) has announced its Q3 Trading Update for the nine-month period ended 30 September 2026
Amanda Blanc, Group Chief Executive Officer, said: “Aviva is in great shape. Our performance has been excellent in the first nine months of 2026, demonstrating once again the benefits of scale across our diversified business. We continue to deliver strong, profitable growth, particularly in the capital-light areas of General Insurance and Wealth.
“We grew General Insurance premiums by 19% and, at the same time, improved profitability. In the UK, premiums are up 28%, boosted by our home insurance partnership with Nationwide and the great progress we are making with Direct Line. We see many opportunities to continue our profitable growth in General Insurance, including growing Direct Line motor and home policies on price comparison websites, the launch of Aviva pet insurance this year, and through our market leading businesses in Canada and Ireland. We are also continuing to deliver for our customers. Last month we started rolling out our AI virtual assistant for customers and our new multi-vehicle cover is now live, so a family with several cars can now insure them all under one policy.
“In Wealth, we are the number one UK player and have grown assets under management by 19% to £267 billion. Our strong momentum continues with flows up 31% to £10.9 billion and we now have over six million Wealth customers. We see significant opportunities for Aviva to expand further – across our Workplace, Adviser and Direct businesses – giving us confidence that we will achieve at least £280 million of operating profit in Wealth by 2027 and greater than £500 million by 2032.
“We are confident about the remainder of 2026 and expect earnings per share to grow broadly in line with our target of 11% this year. Aviva’s continued strong trading, our strengths in artificial intelligence, and our leading market position, reinforce our confidence that we will meet our three-year financial targets and grow earnings over the longer term.”
