Dear Broker


Following the publication of Aviva plc’s full year results for 2022 this morning, we attach a copy of the press release outlining the results of our general insurance business in Ireland.


Aviva Insurance Ireland - 2022 full year results 


In a challenging market in 2022, Aviva’s general insurance business in Ireland performed positively.

Our Combined Operating Ratio for 2022, our key measure of profitability in general insurance, moved to 95.8% (2021: 91.7%) and represents an underwriting profit margin of 4.2% (2021: 8.3%). The principal reasons for the reduced margin were a return to higher, more normalised, claims frequency after Covid restrictions were lifted and rising inflationary pressures. Operating profit reduced to €32m (2021:€43m).


Our gross written premiums increased by 4.4% to €495m (2021: €474m), due to strong growth in our commercial lines business offset by a reduction in personal lines motor business.   


We launched new products for management liability, crime, cyber and renewables insurance, entered the high net worth insurance market and continue to invest significantly in our online platforms with the relaunch of Fast Trade for Office & Surgery and Shop & Salon products. 


Thank you for your ongoing support as we continue to work with you to support your business and your customers.  

Yours sincerely

Declan O'Rourke

Aviva Insurance Ireland DAC