Aviva India has reported a profit of ₹63 crore for the first half of FY25, a 25% increase from ₹50 crore in the same period last year. Assets Under Management (AUM) rose by 13% to ₹14,636 crore, reflecting robust investor confidence and effective fund management.
The solvency ratio improved to 194% from 189% in H1 FY24, underscoring the company’s financial stability. Gross Written Premiums (GWP) stood steady at ₹548 crore, while operational efficiency advanced significantly, with the Opex-to-GWP ratio declining to 27% from 30%. Aviva’s product mix showed an increased focus on protection plans, aligning with evolving customer needs.
CEO Asit Rath highlighted the company’s focus on innovation and inclusivity, stating, “Our sustained growth reflects resilience and adaptability. Upcoming products, including low-ticket insurance and diabetic-specific plans, aim to deepen our reach and foster financial security across untapped segments.” Aviva is also strengthening its grassroots presence in Uttarakhand as the lead insurer appointed by IRDAI, furthering its mission to bridge regional insurance gaps. With a claim settlement ratio of 98.98% and an extensive network of 5,600 professionals across 52 offices, Aviva is well-positioned to champion financial inclusion and well-being.
