Aviva says general insurance claims surged to £165 million in H1 due to COVID-19
Thursday, 6 August 2020 () Aviva plc (LON: AV) said on Thursday that its net profit in the first half (H1) of the current fiscal year came in lower on a year over year basis. The company revealed the Coronavirus pandemic to have fuelled general insurance claims in recent months that it valued at £165 million in H1. According to Aviva: “Claims are primarily as a result of disruption to business and travel insured by the group, partially offset by a reduction in the frequency of motor claims.” Shares of the company jumped more than 0.5% in premarket trading on Thursday. On market open, the
Commissioner Kathleen Birrane with the Maryland Insurance Administration said her team was up and operating at the crack of dawn, ready to assist consumers with questions about their insurance policies.
Thursday, 6 August 2020 ()
Aviva plc (LON: AV) said on Thursday that its net profit in the first half (H1) of the current fiscal year came in lower on a year over year basis. The company revealed the Coronavirus pandemic to have fuelled general insurance claims in recent months that it valued at £165 million in H1. According to Aviva: “Claims are primarily as a result of disruption to business and travel insured by the group, partially offset by a reduction in the frequency of motor claims.” Shares of the company jumped more than 0.5% in premarket trading on Thursday. On market open, the