Insurance group Aviva has raised its interim dividend after reporting a 22% jump in half-year operating profit, based on strong growth in insurance premiums.
The company, which completed a £3.7 billion takeover of Direct Line in July, said it would provide more details on the impact of the deal in November.
CEO Amanda Blanc said she is “confident the deal will contribute significantly to Aviva’s future growth.”
The company expects some areas of rate softening in the second half of the year for its general insurance business, but its wealth and health divisions were expected to grow further.
It posted an operating profit of £1.07bn for the six-months to 30 June, compared with £875 million last time.
The board declared a 10% rise in the dividend to 13.1 pence per share.
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