Aviva: Brexit Will Have No Significant Operational Impact
June 27 2016 - 2:42AM
Dow Jones News
By Tapan Panchal
LONDON--Insurer Aviva PLC (AV.LN) said Monday that its capital
position is resilient to market stress and the U.K.'s decision to
leave the European Union, known as Brexit, will have no significant
operational impact on the company.
The FTSE100 listed company said its solvency II coverage ratio
remained close to the top of its working range of 150% to 180% as
of the close of the markets on June 24. It also said it will
continue to monitor the technical implications of the leave
decision.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
June 27, 2016 02:27 ET (06:27 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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