Aviva UK profit dips as result of restructuring but excludes £45m Ogden hit
Aviva’s UK general insurance business delivered an operating profit of £172m for the first half of 2019, though the result excludes the £45m expense of strengthening reserves following last month’s discount rate decision.
The £172m figure represents a 12% decrease in profits compared to the first six months of last year.
The insurer attributed this to the £34m cost of merging the UK GI business with its UK digital
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