Aviva says general insurance claims surged to £165 million in H1 due to COVID-19

Aviva plc (LON: AV) said on Thursday that its net profit in the first half (H1) of the current fiscal year came in lower on a year over year basis. The company revealed the Coronavirus pandemic to have fuelled general insurance claims in recent months that it valued at £165 million in H1. According to Aviva: “Claims are primarily as a result of disruption to business and travel insured by the group, partially offset by a reduction in the frequency of motor claims.” Shares of the company jumped more than 0.5% in premarket trading on Thursday. On market open, the