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Aviva's Growth and Pension Strategy
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Aviva reports a 13% increase in 9M23 GWP for its general insurance business, attributed to strong rates, new business volumes, and retention. While takeover rumors circulate, analysts believe individual acquisitions of specific divisions are more likely. Aviva anticipates around £700m profits in the first half of 2023, with a commitment to allocate 5% of default funds to unlisted equities by 2030.
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How might the potential takeover of Aviva impact the insurance industry and consumer choice?
In what ways might Aviva's commitment to allocate funds to unlisted equities shape the broader investment landscape and pensions industry?
What factors could influence Aviva's future growth and profitability beyond the first half of 2023?
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