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Evening Standard
Evening Standard
Business
Michael Hunter

FTSE 100 insurers eye simpler, more affordable policies as inflation sets in

Aviva’s chief executive called the cost-of-living crisis “the worst in decades”

(Picture: Aviva)

There was fresh insight into the impact of soaring inflation in the UK from two FTSE 100 insurance companies alongside their latest financial results on Wednesday.

Aviva’s chief executive, Amanda Blanc, called the cost-of-living crisis “the worst in decades”, and said as well as launching more “affordable products”, the FTSE 100 company would “extend premium deferrals” and was also supporting 7000 of its own staff with one-off payments to help with energy costs.

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