Aviva’s Wealth Unit Sees £2.3 Billion Inflows as Assets Rise

UK insurer Aviva Plc said its wealth unit saw net inflows in the first quarter, with assets under management in the business rising by 5%.

The arm attracted a net £2.3 billion ($3.1 billion), while the firm’s asset management business, Aviva Investors, recorded net outflows of £906 million in the three months through March, according to a trading update on Thursday. General insurance premiums increased 9%.