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Aviva’s H1 personal lines figures are a ‘disappointing result in every respect’ says Holmes

By 2020-08-06T14:48:00

Colm Holmes, Aviva

The insurer’s UK general insurance chief executive also admits that Aviva is paying some Covid-related business interruption claims where they fall under broker wordings and coverage is clear

Aviva’s UK chief executive for general insurance Colm Holmes labelled the company’s personal lines H1 results as “disappointing in every respect in terms of the growth and the underlying performance of the business”.

Speaking exclusively to Insurance Times, Holmes was responding to Aviva’s 2020 H1 financial results, which were published this morning. The trading update confirmed that in personal lines, Aviva recorded an 8% drop in net written premium (NWP) for the first half of 2020.

Despite this dip, Holmes continued that “there is a good story within that”.

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