Aviva - Re: AV Stream Log - "The UK exiting the EU...

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10:54 28/06/2016

"The UK exiting the EU has negatively impacted financial companies, including insurance firms. However, Aviva's update is an assurance to the company's fundamentally strong position, and its solvency ratio is well within the working range. The company boasts of a solid balance sheet, with low sensitivity to market stress, and has tripled the economic capital surplus over the past four years. As per Aviva's preliminary results, it had a solvency II ratio of 180% and surplus of £9.7bn. The company would continue to monitor the effects of Brexit. Overall, Aviva is well placed in both financial and operational aspects to deliver long-term growth.." Beaufort note out earlier today on Research Tree

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