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

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

Not a subscriber any chance of a brief synopsis skinny.

It's free to sign up to a limited number of articles per week- let me know when you've read it and I'll delete it.

"Sir, Individual shareholders are deeply upset and appalled at the reckless and cavalier announcements by Aviva about the possible repayment of irredeemable preference shares (200m issued by Aviva and 250m by General Accident). Not only did the Aviva preference share price drop from 170p to 120p, but the whole asset class suffered a 25 per cent fall as a consequence of the announcement.

To suggest that it is acceptable to use an obscure loophole to repay irredeemable high-coupon securities at or near their par value is highly immoral, and to make such an announcement in the full knowledge of the likely market impact is completely irresponsible.

The news that the Financial Conduct Authority is investigating is welcome. But the issue is wider. The board of Aviva need to explain themselves. A parliamentary select committee should investigate. This type of behaviour should not be allowed to sully the high esteem in which most of our UK institutions are held.

It is the clearly established principles that are the foundations of the wonderful reputation of the London Stock Exchange. They make it pre-eminent in the world. Investors and shareholders need to feel that they can sleep at night safe in the knowledge that their rights will not be stolen for the convenience of others. Both institutional and individual investors need to shun institutions that are prepared to behave in such a disingenuous manner."

Thanks skinny.

I got to the bit about the wonderful reputation of the LSE and fell off my chair laughing. Just as well I'm insured with BUPA and not Aviva.

STATEMENT ON PREFERENCE SHARES

Statement on Aviva plc and General Accident plc preference shares

Since the full year results announcement on 8 March 2018, Aviva plc ("Aviva") has heard a wide range of views on its preference shares*, has spoken to a large number of investors and has received strong feedback and criticism.



As a result Aviva has listened. Aviva announces that it has decided to take no action to cancel its preference shares.

Under current regulation the preference shares will no longer count as regulatory capital in 2026. Aviva will work towards obtaining regulatory approval for the preference shares, or a suitable substitute, to qualify as capital from 2026 onwards. If as we approach 2026 Aviva needs to reconsider this position, it will do so after taking into account the fair market value of the preference shares at that time.

On 8 March 2018 Aviva stated it has the ability to cancel the preference shares at par value, having received clear legal advice. The review of the preference shares was initiated as a result of Aviva's duty to examine what is right for the business, balancing the interests of ordinary shareholders and preference shareholders. Aviva needed to address the issue of the preference shares given regulatory capital considerations and their cost.

Aviva is in a strong financial position and still plans to deploy £3 billion of excess cash in 2018 and 2019 to reduce hybrid debt, fund bolt-on acquisitions and buy back ordinary shares.

Mark Wilson, Group Chief Executive Officer of Aviva plc, said:

"I am very aware that Aviva is in a position of trust with our customers and investors. To maintain that trust it is critical that we listen to and act on feedback. The reputation of Aviva, and the trust people have in us, is paramount. Our announcement today means that preference shareholders can rest secure in their holdings.

The Board and I have a duty to consider not just the financial implications of our actions. We must consider the impact to Aviva's wider reputation. I hope our decision today goes some way to restoring that trust."

*Preference shares issued by Aviva plc and General Accident plc

-ends-

I for one shall be voting against any of this board's re-election

The market disruption this ill thought out 'airing' caused is totally immoral on those who have taken a huge loss as a result

And I am talking as an Av. shareholder (and non-holder of pref stock until they jumped in with both feet)

I'm both - AV. and GACA and I won't be renewing my car or travel insurance with them
and will tell them in no uncertain terms why.

Rec'd a response ex the Board - basically just refers to the RNS

Will still be voting against their re-election - Leopards do not change their spots, do they?