Aviva India has posted a robust ₹63 crore profit in the first half of FY25, marking a 25% increase over ₹50 crore in H1 FY24. Assets Under Management (AUM) surged by 13% to ₹14,636 crore, reflecting prudent fund management and growing investor trust.
The solvency ratio improved to 194% from 189%, indicating strong financial stability. Gross Written Premiums (GWP) remained steady at ₹548 crore, while operational efficiency saw a boost with the Opex-to-GWP ratio dropping to 27% from 30%. Complaints per 10,000 policies also decreased from 10.3 to 8.8, underscoring Aviva’s commitment to customer satisfaction.
Aviva’s product mix demonstrated a rising focus on protection plans, aligning with its strategy to diversify offerings. The claim settlement ratio stood at an impressive 98.98%, further cementing trust among policyholders. CEO Asit Rath highlighted upcoming initiatives, including low-ticket insurance and a diabetes-specific protection plan. “Our focus on innovation and financial inclusion will help us reach underserved markets,” he said. Aviva’s leadership as IRDAI’s nominated lead insurer in Uttarakhand showcases its dedication to bridging regional insurance gaps. With a nationwide network of 5,600 professionals and 52 offices, Aviva continues to drive growth and trust.
