Aviva’s net investment income has risen from £14,971m in 2020 to £17,138m for the year ended 31 December 2021.
Aviva investors reported a £7.5bn increase in assets under management (AuM) to £268bn, citing the “positive impact from net flows and markets partly offset by the impact of corporate actions which comprised the sale of our US investment grade credit capability and fund rationalisations”.
Aviva CEO Amanda Blanc stated: “The Focus and Strengthen parts of our strategy are complete and we are now wholly focused on accelerating performance. Our trading in 2021 was strong, reinforcing our confidence that Aviva can grow sustainably.
“Our general insurance volumes are the highest in over a decade, life insurance sales grew by 23%, and we are on track to reduce controllable costs by £300m by the end of 2022.”