Strategy

Our purpose is to bring prosperity and peace of mind to our customers.

We will do this by realising our vision: One Aviva, twice the value.

By working together across our businesses, we will optimise our performance in the global marketplace and maximise the value we can generate for all our stakeholders.

Purpose

Purpose

Prosperity & peace of mind

Vision

Vision

One Aviva
Twice the value

Strategic priorities

Strategic priorities

  • Manage composite portfolio
  • Build global Asset Management
  • Allocate capital rigorously
  • Multi-channel customer reach
  • Boost productivity
Targets

Targets

  • 98% meet or beat COR
  • £500m cost savings by 2010
  • Double IFRS EPS by 2012 at the latest
  • 1.5-2x dividend cover on IFRS
    post tax operating earnings
Aviva Investors

Aviva Investors

  • Globally integrated business
  • Transform the investment model
  • Increase third party business
UK

UK

Market leadership

  • Drive up profitability
  • Generate capital
  • Insurance excellence
  • Operational excellence
Europe

Europe

Scale, growth, capital

  • Seize unique growth opportunities
  • 'One Europe' operating model
  • Generate capital
North America

North America

Profitable growth

  • Optimise business mix, growth & margin
  • Diversity distribution and products
  • Generate net capital returns
Asia Pacific

Asia Pacific

Scale, growth

  • Prioritised portfolio
  • Regional operating model
  • Investment required

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