Aviva Plc · LSE:AV.
Aviva — Investor Day (October 2008)
10 slides from Aviva's investor day presentation, Oct 9, 2008
Slide 1: One Aviva, twice the value
One Aviva, twice the value Andrew Moss Group Chief Executive “Accelerating transformational change to deliver a unified and more profitable company” Investor and analyst briefing on Aviva Investors and UKGI, 9 October 2008 1
Slide 2: Disclaimer
Disclaimer This presentation may include oral and written “forward-looking statements” with respect to certain of Aviva’s plans and its current goals and expectations relating to its future financial condition, performance and results. These forward-looking statements sometimes use words such as ‘an
Slide 3: UKGI and Aviva Investors
9 October Investor and Analyst Briefing UKGI and Aviva Investors Introduction & overview of Andrew Moss the current environment CEO Aviva Investors Alain Dromer CEO, Aviva Investors Coffee break UK General Insurance Igal Mayer CEO, UK GI Lunch 3
Slide 4: A strong company with great potential
Aviva in the current environment: A strong company with great potential • Aviva remains focussed on achieving its targets and plans • The hygiene factors – Aviva has a diversified and strong asset base – Confident position with regard to capital and cash flow – Exposure to Lehmans, AIG, higher risk
Slide 5: Sound capital position - IGD Solvency surplus
Sound capital position - IGD Solvency surplus • H108 IGD surplus of £1.8 billion Equity movement 30 June 2008 IGD surplus 30 Sept 2008 IGD surplus of £1.8bn of £1.9bn • Q308 IGD surplus of £1.9 billion £bn £bn -10% (0.4) (0.2) -20% (0.7) (0.4) -30% (1.0) (0.5) -40% (1.3) (0.7) Events since 30 June 2
Slide 6: Aviva's balance sheet is strong and of a high quality
Aviva’s balance sheet is strong and of a high quality Equities are principally held to back policyholder liabilities • The largest single asset class is Debt Securities, of which 94% are investment grade (with 1% below investment grade, and 5% not rated). • The Group continues to have very limited e
Slide 7: Growing profits and a transformational agenda
Growing profits and a transformational agenda • Growing operating profits and a sound capital position – EEV operating profit up 12% to £1,719m – IFRS operating profit up 7% to £1,233m – Interim dividend up 10% to 13.09p – 2008 HY IGD surplus of £1.8bn with increased downside protection • One Aviva,
Slide 8: One Aviva, twice the value
One Aviva, twice the value Purpose Prosperity & peace of mind Purpose Vision One Aviva, twice the value Vision Strategic Targets priorities • Manage composite • 98% meet or beat COR portfolio • Long Term Savings • Build global Asset growth targets Management • £500m cost savings by • Allocate capita
Slide 9: Aviva Investors – executing the strategy
Aviva Investors – executing the strategy • The third pillar of Aviva’s composite model Aviva Investors • Changing the business model to win in a fast-changing competitive landscape ● Globally integrated • Alain Dromer joined from HSBC in September 2007 business ● Transform the • Alain and the team a
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Presentation title here 00.00.00 page 10