Aviva Briefs Investors on Profit Drivers and
l Stable and diversified IFRS profits
l Resilient operating capital generation
l Disciplined allocation of capital to fund profitable growth
July 02, 2010 05:42 AM Eastern Daylight Time
LONDON--(EON: Enhanced Online News)--Aviva plc (“Aviva”) is holding a presentation for investors and
analysts this morning to provide clarity on one of Aviva’s core strengths, its capital generation. The presentation,
hosted by Andrew Moss, group chief executive, will also highlight the stability of Aviva’s IFRS operating profits and
its disciplined allocation of capital to fund profitable growth.
Pat Regan, Aviva’s chief financial officer, will show that with 53 million life and general insurance customers Aviva is
a significant and resilient generator of capital. In May 2010 Aviva announced that it expects to generate
approximately £1.3 billion of net operating capital in 2010, a 30% increase on 2009.
Aviva will also show the stability and diversity of its IFRS profits and its disciplined approach to fund profitable new
business growth. In 2009 Aviva achieved an unlevered internal rate of return of 14% on capital re-invested in the
UK and 13% in Europe, its two largest markets.
Andrew Moss, group chief executive, said:
“Our presentation today demonstrates the scale and predictability of our capital generation and the diversity of our
IFRS profits. This gives our results real resilience and provides a powerful base from which we pay dividends and
invest in the profitable growth of the business.”
Media and analysts:
l The presentation is available for download from the company’s website www.aviva.com.
l The event will be webcast and can be viewed from the company’s website www.aviva.com
l A video interview of Andrew Moss and Pat Regan on today’s investor presentation can be found at:
Notes to editors:
l Aviva is the world’s fifth largest* insurance group, serving 53 million