Aviva plc (OTCPK:AIVAF) Q4 2020 Earnings Conference Call March 4, 2021 3:30 AM ET Company Participants | --- | |-------------------------------------------------------| | | | Amanda Blanc - CEO | | Jason Windsor - CFO | | Conference Call Participants | | James Shuck - Citi | | Oliver Steel - Deutsche Bank | | Jon Hocking - Morgan Stanley | | Blair Stewart - Bank of America | | Andrew Crean - Autonomous | | Colm Kelly - UBS | | Ashik Musaddi - JPMorgan | | Gordon Aitken - RBC | | Steven Haywood - HSBC Lariss ...

Aviva plc (OTCPK:AIVAF) Q3 2020 Earnings Conference Call November 26, 2020 3:00 AM ET Company Participants Amanda Blanc - CEO Jason Windsor - CFO Conference Call Participants Jon Hocking - Morgan Stanley James Shuck - Citigroup Oliver Steel - Deutsche Bank Blair Stewart - Bank of America Andrew Crean - Autonomous Farooq Hanif - Credit Suisse Greig Patterson - KBW Ming Zhu - Panmure Gordon Steven Haywood - HSBC Operator Ladies and gentlemen, thank you for standing by, and welcome to Aviva plcÂ's Q3 2020 Inve ...

Aviva plc (OTCPK:AIVAF) Q2 2020 Earnings Conference Call August 6, 2020 3:30 AM ET Company Participants Amanda Blanc - Chief Executive Officer Jason Windsor - Chief Financial Officer & Executive Director | --- | |-----------------------------------------------| | | | Conference Call Participants | | Jonathan Hocking - Morgan Stanley | | James Shuck - Citigroup | | Greig Paterson - KBW | | Ashik Musaddi - JPMorgan | | Blair Stewart - Bank of America Merrill Lynch | | Fahad Changazi - Mediobanca | | Colm Kell ...

Aviva plc Interim results 2020 AVIVA Disclaimer Cautionary statements: This shendd beread in conjumcion with the otracined disciliused by Awira pic (the "Company" of "Avive")") throught the Regulatory News Service (BHS). This annuancement con espect to certain of Aviva's shars and cronent gools and expectations relating of thre Thancial confibion, performance, results, statements containing the words "believed", seeks", "ainrs", "may", "could", "tuddol", "Mely", "apet", "goidance", "pstimates", "potential" ...

Financial Data and Key Metrics Changes - The estimated COVID-19 claims impact on general insurance is £160 million net of reinsurance, assuming lockdowns remain until the end of June [6][10][50] - The Solvency II cover ratio is estimated at 182% at the end of March, inclusive of the suspended final dividend for 2019 [10][11] - Life new business volumes increased by 28% year-over-year, while general insurance net written premiums rose by 3% in the first quarter [12][90] Business Line Data and Key Metrics Changes - The investment portfolio remains well positioned, with only 3% of the corporate bond portfolio downgraded by a full letter and less than £10 million downgraded below investment-grade [9] - The commercial mortgage portfolio has an average loan-to-value (LTV) of 56% and a high interest cover ratio of 2.9 [9][24] Market Data and Key Metrics Changes - The company has a circa 5% exposure to sectors most impacted by the crisis, including retail, leisure, aviation, and oil and gas [9] - New business activity slowed in April due to government confinement initiatives, but strong in-force retention and customer renewals partially offset this decline [12] Company Strategy and Development Direction - The company is taking a cautious and defensive position on capital and cash management due to the uncertain economic outlook [11] - There is no change in appetite for bulk purchase annuities (BPA), with a disciplined approach to ensure adequate returns on capital [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledges significant challenges posed by COVID-19 but emphasizes the company's preparedness and adaptability [4][12] - Early signs of increased business activity have been observed, indicating a potential recovery [12][75] Other Important Information - The company has suspended the final dividend for 2019 and will revisit the decision in the fourth quarter [10][39] - The company is not currently writing new business for care homes but is supporting existing customers [68] Q&A Session Summary Question: Details on business interruption (BI) claims and reinsurance - Management clarified that the net retention for BI claims in the UK, France, and Ireland is £150 million, and in Canada, it is $50 million [16][40] Question: Impact of COVID-19 on solvency and capital - Management indicated that the solvency figure performed as expected, with actions taken to reduce sensitivity to interest rates [17][19] Question: Commercial mortgage portfolio concerns - Management explained that while LTVs are strong, they are taking a forward-looking view of prices to assess potential covenant issues [24][25] Question: Future liability claims and voluntary contributions - Management confirmed that they are not currently writing new business for care homes and are supporting existing customers [68][75] Question: Dividend expectations and capital management - Management reiterated that there will be no interim dividend and that the board will reassess the situation in Q4 [39][45]

| --- | --- | |-------------------------------|-------| | | | | | | | | | | | | | Aviva plc | | | Investment portfolio snapshot | AVIVA | Disclaimer Cautionary statements: This shendd beread in conjumcion with the otracined disciliused by Awira pic (the "Company" of "Avive")") throught the Regulatory News Service (BHS). This annuancement con espect to certain of Aviva's shars and cronent gools and expectations relating of thre Thancial confibion, performance, results, statements containing the words "believ ...

Aviva plc (OTCPK:AIVAF) Q4 2019 Earnings Conference Call March 6, 2020 4:00 AM ET Company Participants Maurice Tulloch – Chief Executive Officer Jason Windsor – Chief Financial Officer Chris Esson – Head-Investor Relations Euan Munro – Chief Executive Officer, Aviva Investors Colm Holmes – Chief Executive Officer, General Insurance Chris Wei – Executive Chairman of Asia and FPI, and Global Chairman Aviva Digital Conference Call Participants Johnny Vo – Goldman Sachs Ashik Musaddi – JPMorgan Oliver Steel – D ...

| --- | --- | --- | --- | --- | --- | |-------|-----------|-------|-------|-------|-------| | | | | | | | | | Aviva plc | | | | | Disclaimer Cautionary statements: This should be end in conjunctionwirth the docoments dissibilanced by kind a place "Arie Replated to "Arien") "Almupt the Replates (RNS)" This annumcement contains, and we respect to cectain of Avia splans and current goals and expectations relating to fiture finances in excelles, statege infikiatives and dujectives. Statements contraining t seek ...