Aviva's GI GWP rise by 13% to £8bn

Aviva's GI gross written premiums (GWP) rose 13% in the first nine months of the year, ignoring the effect of exchange rates, to £8.0bn.

The insurer said growth was driven by both the UK & Ireland and Canada, with "strong" rates, new business and customer retention.

Retirement sales rose 2% to £4.4bn, due to higher defined benefit pension and individual annuity volumes.

The solvency II ratio, which measures capital levels compared to requirements, dipped to 200% from 202%.

The group's full-year guidance for 5-7% growth in operating profit remains unchanged.

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