Aviva PLC (OTCPK:AVVIY)

$ 11.69 -0.05 (-0.43%) Market Cap: 15.52 Bil Enterprise Value: 2.60 Bil PE Ratio: 9.95 PB Ratio: 1.35 GF Score: 68/100

Q3 2021 Aviva PLC Trading Statement Call Transcript

Nov 11, 2021 / 09:00AM GMT

Release Date Price: $14.32 (+0.65%)

Transcript

Operator

Welcome to Aviva plc's Q3 2021 Results Call for analysts and investors. I will now hand you over to CEO, Amanda Blanc.

Amanda Jayne Blanc

Aviva plc - Group CEO & Director

Good morning, everyone. I hope you're all well, and thank you for joining Jason and me for our Q3 trading update. I'll start by providing a summary update on the progress we are making towards our strategic priorities before I'll hand over to Jason, who will take you through the detail of our results. We'll then open the lines for Q&A.

I'm pleased to report that we've continued to make excellent and rapid strategic progress right across Aviva. After a busy quarter, we're almost there with our portfolio refocusing, having now completed the disposals of France and Italy General Insurance. We have collected GBP 4.9 billion of proceeds from the total of GBP 7.5 billion. The last remaining disposals of Poland, Italy Life and Vietnam are expected to complete by the end of 2021, with all the regulatory approval processes and completion activities currently proceeding to plan.

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