The income from fees and commissions for the life insurance segment of Aviva Plc increased year-on-year from 2014 to 2021, while the value for the general insurance segment decreased overall, but with fluctuation. Aviva Plc is a multinational life insurance group based in the United Kingdom. Commission income refers to fees earned in making a sale or closing a deal, while fee income refers to revenue acquired from account-related charges to customers. In 2023, fee and commission income for the life insurance segment amounted to over 1.1 billion British pounds. On the other hand, the fee and commission income for general insurance amounted to 54 million British pounds in 2023 - higher than the previous year.
Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023
(in million GBP)
Characteristic
Life insurance
General insurance
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The source adds the following information: "The 2022 comparative results have been restated following the adoption of IFRS 17 and for methodology changes described in note 1"
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Aviva. (March 6, 2024). Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023 (in million GBP) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
Aviva. "Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023 (in million GBP)." Chart. March 6, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
Aviva. (2024). Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023 (in million GBP). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
Aviva. "Income from Fees and Commissions for Aviva Plc Life and General Insurance Segments in The United Kingdom (Uk) and Ireland from 2014 to 2023 (in Million Gbp)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
Aviva, Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023 (in million GBP) Statista, https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/ (last visited July 22, 2024)
Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2023 (in million GBP) [Graph], Aviva, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
