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Evening Standard
Evening Standard
Holly Williams

Aviva earnings jump by 24% amid swift progress on Direct Line turnaround

Aviva boss Amanda Blanc flagged the potential for claims costs to jump if supply chains are badly disrupted for a long time (Alamy/PA) -

Insurer Aviva has seen half-year earnings surge by nearly a quarter as it cheered action to “quickly” improve profitability at Direct Line since buying the firm in a £3.7 billion deal.

The group reported a better-than-expected 24% surge in operating profits to £1.33 billion for the six months to June 30.

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