Aviva 2016 results hit by Ogden rate but general insurance performs well

09-03-2017

Profits at UK insurer Aviva where hit hard by a £380 million after-tax charge due to the reduction in the Ogden discount rate, the mechanism insurers use to calculate future losses in personal injury and accident cases. But the company stressed that its overall performance was very positive.


Aviva, Results 2016, Ogden, Mark Wilson, UK

Intelligent Insurer