Aviva Reports Strong H1 2025 Results and Accelerates Growth with Direct Line Integration
Aviva PLC has reported a strong set of interim results for the first half of 2025, showcasing significant growth across key financial metrics and progress in its strategic initiatives. The company reported a 22% increase in operating profit to £1,068 million (HY24: £875 million), driven by continued growth in capital-light businesses, which now represent 66% of total operating profit.
“Aviva’s performance in the first half of 2025 was outstanding, growing operating profit by 22% and extending our track record of delivery… This excellent performance allows us to achieve even more for our customers and our shareholders.”
Key Financial Highlights
- Solvency II OFG: up 20% to £909 million
- IFRS profit for the period: up 25% to £819 million
- Cash remittances: up 7% to £1,022 million
- Solvency II shareholder cover ratio: at 206%
- Interim dividend: increased by 10% to 13.1 pence per share
Aviva also completed its acquisition of Direct Line Group on 1 July 2025. While Direct Line’s results are not included in the interim figures, the integration process is already underway. The transaction brings the combined customer base to over 21 million and is expected to deliver around 10% run-rate EPS accretion and further strengthen the group’s capital-light operations.
Welsh Presence and Partnership
In April 2025, Aviva became a Partner Member of FinTech Wales, joining a growing network of organisations supporting innovation in Welsh financial services. This followed Aviva’s role as headline sponsor of the FinTech Wales Investment Conference in November 2024.
In addition to its fintech collaborations, Aviva has expanded its operational footprint in Wales. The company opened a regional underwriting branch in Cardiff in May 2025, located in Capital Tower. This new office supports brokers and clients across South Wales with dedicated services in claims, distribution, and underwriting, making it the only insurer with a Mid-Market commercial premises in the Welsh capital.
Highlights from the CEO
To accompany the release of the half-year results, Amanda Blanc, Group CEO, shared a video update summarising key achievements and outlining the company’s strategic direction for the remainder of the year. The video highlights the strong financial outcomes, successful integration of Direct Line, and Aviva’s continued investment in capital-light growth areas.
Looking Ahead
Aviva remains on track to meet its previously stated targets for 2026, which include:
- Operating profit: £2 billion
- Solvency II OFG: £1.8 billion
- Cumulative cash remittances (2024–26): >£5.8 billion
Further updates on the Direct Line integration and its impact on group performance are expected at the company’s upcoming ‘In Focus’ investor session in November.