Aviva suprises by announcing profits ahead of forecasts

The UK’s largest insurer, Aviva, surprised the market by saying its full-year profits will be about £200 (€292m), or 12%, ahead of expectations, led by increased sales of life and general insurance policies.

The UK’s largest insurer, Aviva, surprised the market by saying its full-year profits will be about £200m (€292m), or 12%, ahead of expectations, led by increased sales of life and general insurance policies.

In an impromptu trading update Norich Union owner Aviva said operating profit would be £1.9bn (€2.78bn), up from £1.7bn (€2.49bn) previously forecast.