Market's view on Aviva
Published on April 2024
- Discussion on the upcoming Capital Markets Day on 12 June, which is anticipated to reveal future strategies under the new CEO, highlighting a shift from previous focus areas towards core insurance operations.
- Expectations for legal and general (LGEN) to potentially adopt strategies of business simplification, asset sales, share buybacks, and dividend growth, similar to competitor practices.
- Concerns about the increasing profitability of the general insurance sector attracting new competitors and putting pressure on rates.
- Discussion on the effectiveness and impact of regulatory bodies like the FCA and PRA on UK enterprises, with opinions suggesting over-regulation is detrimental to business.
- Observations about the government’s role in influencing economic conditions and industry, with specific reference to potential changes under a new Labour government.
- Expectations of share price movements in response to dividend payment days and seasonal trading patterns.
- Commentary on market sentiment shifts without fundamental changes to company operations, and the role of fund trading activities on stock evaluations.
- Presentation on Aviva’s health business strategy aiming for growth in capital-light areas and significant operating profit by 2026.
- Mention of Aviva appearing on insurance comparison websites, potentially affecting consumer choices and market competition.