Aviva reports strong first-quarter growth and strategic acquisitions, positioning itself for sustained success in the insurance market.

Information on the Target

Aviva, a prominent insurance and financial services group based in the UK, has reported remarkable first-quarter results, highlighting strong growth throughout its operations. The Group Chief Executive Officer, Amanda Blanc, attributes this success to Aviva's diversified business model, which has allowed for consistent performance across various segments. Key metrics include a 16% increase in General Insurance premiums, reaching £2.7 billion, and substantial growth in workplace pensions, generating net flows of £2 billion with 136 newly secured schemes.

The company's exceptional performance is underscored by continued activity in the bulk purchase annuity market, with retirement sales up by 13%. Aviva's solid capital position and commitment to innovative product offerings and customer service have established significant competitive advantages, fostering optimism for future performance.

Industry Overview in the UK

The UK insurance industry is currently experiencing strong growth, driven by intense competition and a favorable economic environment. The implementation of regulatory changes and an emphasis on technological advancements have led to enha

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Aviva

invested in

Optiom O2 Holdings

in 2024

in a Other deal

Disclosed details

Transaction Size: $123M

Revenue: $99M

EBITDA: $54M

EBIT: $32M

Net Income: $21M

Enterprise Value: $789M

Equity Value: $235M


Multiples

EV/EBITDA: 14.5x

EV/EBIT: 24.6x

EV/Revenue: 8.0x

P/E: 11.2x

P/Revenue: 2.4x

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