This insurance goliath offers car, home, health and life insurance to millions of customers. They also have a host of investment products.
So, I’ve just opened an ISA and going down the route of using some temporary cash to buy Aviva in the ISA tomorrow and selling in the GIA to get my cash back. This way there’s minimal time delay risk. Question is… one day before earnings are announced, do I double up temporarily by delaying selling in the GIA in anticipation of a bonanza with Thursday’s results?
(Lots of personal factors unique to me in this decision - and my sensible long term investing head says don’t do it - but I’m tempted)
So Aviva has pulled out of Italy selling its life insurance arm for €543 million. They want to reinvest in their main areas and paydown doubt. Not a bad thing. Aviva has had a nice steady rise since the coronavirus crash.