I hold these stock.

DYOH (do your own homework.)

To-day there was a slight drop in price, but number of analysts are giving favourable reports.

What triggered my interest was better than expected results and if I am right looking at charts it shows an inverted head and shoulders. Hopefully a good sign. Also the current rate of Share price growth is about 90% pa over the last 5weeks. This is unlikely to continue indefinitely but SP could hit 850p over next few weeks.

To-day at close, there were some large buys of about 5million shares. 40million approx.

Another trigger for me was the following which should increase earnings.

Aviva to form JV in Taiwan with First FinancialAFX
LONDON (Thomson Financial) - Aviva PLC, the UK's largest insurer, said it has entered into a joint venture with First Financial Holding Co Ltd to sell insurance and pension products in Taiwan. The joint venture company, First-Aviva, will distribute long-term savings and pension products in Taiwan through an exclusive agreement with First Financial's flagship unit, First Commercial Bank. Aviva, which will have a 49 pct stake in the joint venture, added that the initial paid up capital of the new company will be 34 mln stg.First Commercial Bank is Taiwan's second largest bank network, with five mln retail customers, it added.TFN.newsdesk@thomson.comkkb/faj/slm




Date: Wednesday 25 Apr 2007
LONDON (ShareCast) - If the message gets home that Aviva will not bid for Prudential, the stock should rebound strongly, especially if Aviva can sustain its current impressive performance. There is still work to be done but, at 794.5p, the shares are a strong buy says the Independent.
Date: Tuesday 24 Apr 2007
LONDON (ShareCast) - Aviva stood out among the risers on a tough day for blue chip stocks. The life insurer posted an upbeat first quarter statement with brokers pleased with the numbers.



DYOH

03 Feb JP Morgan Cazenove Overweight 492.00 553.00 553.00 Reiterates

02 Feb HSBC Hold 492.00 500.00 500.00 Reiterates

Final Results - PART 1 OF 4

Profit
· Operating profit2,3 up 12% to £3,010 million (2015: £2,688 million4)
· Operating EPS2,3 up 3% to 51.1p (2015: 49.7p4)
· Operating profit and operating EPS exclude the impact of the change in the Ogden discount rate in UK general insurance, which has been classified as an exceptional item
· IFRS profit after tax down 22% to £859 million (2015: £1,097 million4) including the £380 million after-tax charge due to the reduction in the Ogden discount rate

1B1BCapital
· Solvency II capital surplus5 £11.3 billion (2015: £9.7 billion)
· Solvency II coverage ratio5,6 of 189% (2015: 180%)
· Solvency II operating capital generation £3.5 billion
· Net asset value up 6% to 414p per share (2015: 390p4)
· Holding company liquidity7 £1.8 billion (2015: £1.3 billion)

2B2B15BCash
· 2016 total dividend up 12% to 23.3p (2015: 20.8p)
· Dividend pay-out ratio 46% (2015: 42%4), progress towards 50% target
· Cash remittances up 20% to £1,805 million (2015: £1,507 million)

3B3B16BGrowth
· General insurance net written premiums3 up 15% to £8,211 million (2015: £7,171 million)
· Life insurance value of new business up 13% to £1,352 million (2015: £1,192 million)
· Fund management operating profit up 30% to £138 million (2015: £106 million)
· AIMS AUM trebled to £9 billion (2015: £3 billion)
· Total group assets under management up to £450 billion

4B4B17BCombined ratio
· General insurance combined operating ratio 95.2% (2015: 94.6%) excluding the Ogden discount rate impact. Including the Ogden impact, the combined operating ratio was 101.1%.

Nice results.

"Reflecting these results, we are increasing the total dividend per share by 12% to 23.3p."

At the moment, the market like the results.

Panmure Gordon Buy 545.75 525.00 592.00 Retains

Results tomorrow.

INTERIM RESULTS

Profit

· Operating profit up 11% to £1,465 million (HY16: £1,325 million)
· Operating EPS up 15% to 25.8p (HY16: 22.4p)
· IFRS profit after tax £716 million (HY16: £201 million)
Capital

· Solvency II coverage ratio of 193%1 (FY16: 189%)
· Capital surplus £11.4 billion1 (FY16: £11.3 billion)
· Operating capital generation £1.1 billion (HY16: £1.2 billion)
· IFRS net asset value per share 412p (FY16: 414p)
Cash

· Interim dividend up 13% to 8.4p (HY16: 7.42p)
· Cash remittances up 56% to £1,170 million (HY16: £752 million)
· UK Life special remittance of £315 million, on track towards £1 billion target by end 2018 with £565 million total special to date
· Holding company liquidity £1.7 billion2 (February 2017: £1.8 billion)
Growth

· General insurance net written premiums up 11%3 to £4,688 million (HY16: £3,991 million)
· Value of new business up 27%3 to £596 million (HY16: £448 million)
· Aviva Investors fund management operating profit up 45% to £71 million (HY16: £49 million)
· UK Life platform funds up 27% to £16.5 billion (FY16: £13.0 billion)
· Total group assets under management £475 billion (FY16: £450 billion)
Combined ratio
· General insurance combined operating ratio 94.5%4 (HY16: 95.7%)

JP Morgan Cazenove Overweight 535.00 616.00 624.00 Reiterates

AVIVA TO MAKE STRATEGIC INVESTMENT IN WEALTHIFY

Aviva has agreed to sell its entire 49% shareholding in its joint venture in Taiwan, First Aviva Life, to its joint venture partner First Financial Holding Company, it announced on Friday. The FTSE 100 insurance company said that, following a strategic review of Aviva Taiwan, it concluded that the business was not central to the group's strategy to focus on markets where it can achieve scale and profitability or have a distinct competitive advantage. It said the transaction had a "negligible impact" on Aviva's IFRS net assets, Solvency II capital position and IFRS operating profit.

AVIVA TO ACQUIRE IRISH INSURER FRIENDS FIRST


Aviva plc ("Aviva") today announces that it has reached an agreement to acquire Irish insurer Friends First Life Assurance Company dac ("Friends First") for a cash consideration of €130m (£116m[1]). As a result of this acquisition, Aviva will become one of the largest composite insurers in Ireland, with its market share in life insurance increasing to 15%, alongside its existing leading 15% market share in general insurance.

This transaction is in line with Aviva's strategy to allocate capital in selected markets where it has scale or competitive advantage and where it can further expand its range of products across life and general insurance.

The consideration represents a multiple of 0.8x Friends First's adjusted net asset value[2]. Aviva expects the transaction to meet the group's operating return on capital hurdle from year one and to significantly exceed the hurdle thereafter.

The Irish economy has experienced a robust recovery in recent years and the prospects for continued growth remain strong[3]. The life insurance market in Ireland has grown by c.9% since 2014[4]. Aviva Ireland has demonstrated consistent growth over the past few years, with an operating profit growth at HY 2017 of 12%.

Friends First, currently owned by Dutch insurer Achmea Holding NV, has been operating in Ireland for over 180 years with a focus on life protection, pension and investment products for individuals and companies. It has over 250,000 customers, a market share of 6% and is a market leader in group risk and income protection.

The transaction is subject to regulatory approval and is expected to complete in the first quarter of 2018.


more.....

AVIVA UPGRADES GROWTH, CASH AND DIVIDEND TARGETS

Aviva plc ("Aviva") is announcing today upgrades to its targets for earnings growth, cash and dividend at a conference for investors and analysts.

Over the last four years Aviva's financial and strategic position has been transformed. The capital surplus has tripled; the group has been streamlined and Aviva is now focused on markets where it has high quality franchises and is gaining market share.

As a result Aviva is upgrading the financial objectives it set out previously. Specifically:

Growth: targeting higher than mid-single digit percentage growth annually in IFRS operating earnings per share from 2019;

Cash: remittance target increased from £7 billion to £8 billion[1], allowing Aviva to deploy £3 billion of excess cash over 2018 and 2019. This is expected to be used to repay £900 million of debt in 2018 and fund bolt-on acquisitions and additional returns to investors;

Dividend: pay-out ratio target increased to 55-60% of operating EPS by 2020, underpinned by improved earnings quality and cash flows from Aviva's businesses which are becoming less capital-intensive.

The investor and analyst event will start at 8am UK time, with presentations covering strategy, growth, capital management and Aviva's international businesses. The conference, which is being held at Aviva's office in Warsaw, Poland, will include break-out sessions focused on Aviva's businesses in France, Canada and Poland, as well as progress made with Aviva's digital strategy.

To watch a webcast of the event, please paste the following URL into the address bar of your browser: http://avivawebcast.com/cmd2017/

Mark Wilson, Group Chief Executive Officer, said:
"We are upgrading our cash flow and growth targets. After a few years of restructuring, our businesses are now high quality and we expect good, sustainable growth from each of them. We have improved the consistency and quality of our profits and so we are raising our expectations for earnings growth to more than 5% annually from 2019 onwards.
"We have significant surplus capital and cash and this means we will have £3 billion of excess cash to deploy in 2018 and 2019, £2 billion of which we plan to deploy next year. In 2018 we expect to use our excess cash to pay down £900 million of expensive debt, return capital to investors and invest in growing our business, both organically and through acquisitions.

"The quality of our earnings has improved by 15 to 20% and with lower debt costs and stronger than expected cash flows, it is appropriate to raise our target dividend pay-out ratio to 55-60% by 2020."



*This Announcement Contains Inside Information.

[1] Cash remittance target between 2016 and 2018

AVIVA'S DIGITAL JV IN HONG KONG RECEIVES APPROVAL

Aviva plc ("Aviva"), Hillhouse Capital Group ("Hillhouse") and Tencent Holdings Limited ("Tencent") have completed the transaction to develop a digital insurance joint venture in Hong Kong.

The joint venture has been approved by the Hong Kong Insurance Authority and is expected to start operating under its new corporate structure during the first half of 2018.

Aviva, Hillhouse and Tencent announced in 2017 their agreement to develop an insurance joint venture in Hong Kong, by which Hillhouse and Tencent have acquired a combined 60% shareholding in Aviva Life Insurance Company Limited ("Aviva Hong Kong").

I bought some a couple of days ago at 490.6 and if the FTSE collapses again I think I'll buy some more.

Decent dividend and I assume a share buy-back on the way

Agreed CC - link copied MIDAS SHARE TIPS: Three havens to shield you from stock market turmoil - gold, oil and a top insurer

Final Results - Part 1 of 4

Profit

· Operating EPS1,2 up 7% to 54.8 pence (2016: 51.1 pence)

· Operating profit3 up 2% to £3,068 million (2016: £3,010 million)

· Operating profit from eight major markets excluding divestments up 6% to £3,508 million (2016: £3,300 million)

· IFRS profit after tax £1,646 million (2016: £859 million)

Dividend

· 2017 total dividend per share up 18% to 27.4 pence (2016: 23.3 pence)

· Dividend payout ratio 50%, 2017 target delivered

Capital

· Solvency II capital surplus £12.2 billion (2016: £11.3 billion)

· Solvency II cover ratio1,4 198% (2016: 189%)

· Operating capital generation1 £2.6 billion (2016: £3.5 billion)

· IFRS net asset value per share1 423 pence per share (2016: 414 pence)

Cash

· Cash remittances1 up 33% to £2,398 million (2016: £1,805 million)

· Group centre liquidity £2.0 billion (2016: £1.8 billion)

Growth

· General insurance net written premiums up 11% to £9,141 million (2016: £8,211 million)

· Value of new business1 up 25% to £1,243 million (2016: £992 million)

· Aviva Investors fund management revenue up 14% to £577 million (2016: £506 million)

· Total group assets under management1 (AUM) up 9% to £490 billion (2016: £450 billion)

Combined ratio

· General insurance combined operating ratio1 96.6% (2016: 94.2%5)

1 This is an Alternative Performance Measure (APM) which provides useful information to enhance the understanding of financial performance. Further details of this measure are included in the 'Other information' section of the Analyst Pack.

2 This measure is derived from the Group adjusted operating profit APM. Further details of this measure are included in the 'Other information' section of the Analyst Pack.

3 Group adjusted operating profit is a non-GAAP Alternative Performance Measure (APM) which is not bound by the requirements of IFRS.

4 The estimated Solvency II position represents the shareholder view. This excludes the contribution to Group Solvency Capital Requirement (SCR) and Group Own Funds of fully ring fenced with-profits funds of £3.3 billion (2016: £2.9 billion) and staff pension schemes in surplus of £1.5 billion (2016: £1.1 billion). These exclusions have no impact on Solvency II surplus. The estimated Solvency II position includes the pro forma impacts of the disposals of Friends Provident International Limited (£0.1 billion increase to surplus) and the Italian Avipop Assicurazioni S.p.A (£0.1 billion increase to surplus). The 31 December 2016 Solvency II position included pro forma adjustments for the impact of the announced disposal of Antarius and the future impact of changes to UK tax rules announced by the Chancellor of the Exchequer's Autumn statement, which was removed following clarification in the 13 July 2017 Finance Bill. The 31 December 2016 Solvency II position also includes an adverse impact of a notional reset of the transitional provisions (TMTP) to reflect interest rates at 31 December 2016 £0.4 billion decrease to surplus.

5 2016 excludes the impact of the change in the Ogden discount rate of £475 million, which was recognised as an exceptional adjusting item. 2016 also excludes the impact from an outward quota share reinsurance agreement written in 2015 and completed in 2016 in Aviva Insurance Limited (AIL).


more.....

Earlier today I was happy to sell mine at 530. Having looked at the speed it is rising today I'm interested to see what will happen when it gets to 530/540.

I'm now inclined to wait see if it will go through. Not sure. Might change my mind

It has a nice dividend and hopefully a TP of 630+p.

Think it is a hold for a while.

It has a nice dividend and hopefully a TP of 630+p.

Think it is a hold for a while.

Topped up a few days ago and the div will be very nice.
Along with DLG.

Link copied :- Aviva’s board must explain themselves