Aviva launches a new MGA hybrid fronting proposition
The dual-platform GCS business targets large MGAs with programmes over £20 million, combining fronting capabilities with meaningful risk retention.
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Diversified insurer and financial services provider
aviva.comLast updated
In short: Aviva reported strong first-half 2026 results with a 24% profit rise, increased its dividend, and gained full control of its Indian venture.
The dual-platform GCS business targets large MGAs with programmes over £20 million, combining fronting capabilities with meaningful risk retention.
The update follows Pool Re’s SME Incentive Scheme, reducing reinsurance rates by up to 90%. Coverage integrates into standard premiums without extra costs for qualifying British businesses.
The company achieved a Combined Operating Ratio of 93.0% and 3.0% Gross Written Premium growth driven by personal lines rate actions.
The offer is at a discount to market price, and Aviva advises ignoring the approach.
The company said operating profit increased by 24% to $1.79bn (£1.32bn), which it attributed to continued progress on its Direct Line integration and...
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