Aviva reported that general insurance premiums rose 9% in the first quarter of 2025 (Q1 of 2025) to £2.9 billion, up from £2.7 billion in the same quarter of the previous year.

Its premiums in the UK and Ireland General Insurance (UK&i GI) sector grew 12% to £20 billion (US$2.6 billion), personal lines grew 8% and commercial lines grew 15%. According to the company, the growth reflects "strong new business and acquisition of Probitas".

In Canada, general insurance premiums reported on a monetary basis of £900 million (CAD 1.68 billion), with a 5% increase in the constant currency basis, and a 10% increase in the individual line due to pricing strategies. As the company focused on “quantity-first volume”, the decline in the commercial line fell by 2%.

Driven by individual annuities and equity releases, the company's retirement division sales also increased by 4% to £1.8 billion.

After its acquisition from AIG in April 2024, its protection and health sales increased by 19% to £126 million. Healthy extra premiums increased by 11%.

Insurers’ net wealth flow reached £2.3 billion in the first quarter of 2025, compared with £2.7 billion in the first quarter of 2024, accounting for 5% of the assets under management.

Additionally, Aviva said the estimated solvency II shareholder coverage is still 201%, compared with 203% in the previous year.

Aviva said it is already a more capitalized lighting business, accounting for 56% of operating profits, and the acquisition of direct lines is expected to bring that number over 70% with synergies and profit delivery.

The company expressed confidence in achieving its targets, aiming to achieve operating profit of £20 billion by 2026, Solvency II OFG of £1.8 billion by 2026, and cash remittances exceeding £5.8 billion in 2024-26.

Amanda Blanc, CEO of Aviva Group, said: “Aviva has made a good start in 2025. We continue to trade strongly, provide good service to our customers, grow throughout the group and demonstrate the resilience of our diversified business during times of market volatility.

“We continue to be very positive for the outlook for 2025. Our balance sheet is strong, we have a customer-centric strategy, we continue to deliver at speed, and our market-leading businesses are growing well, especially in the capital light. We are becoming more confident in the outlook for Yingwei and meet our financial goals.”

Blanc further added: "The acquisition of direct acquisitions has been firmly on track. Straight shareholders voted overwhelmingly for the deal and we hope to close the deal in the middle of the year."