Aviva shares tick higher after Tesco deal aims at parents’ insurance gap
Aviva plc ticked up Tuesday after tying up a distribution deal with Tesco plc, offering a new sign on Aviva’s push to grow protection sales. Protection still trailed the insurer’s wealth and general insurance business in the first-quarter update. Aviva’s investor page had the shares trading at 677.80 pence, up 0.30%, at 15:40 UK time. Market cap on the same page was 20.3 billion pounds as of Monday’s close. Hargreaves Lansdown listed the bid-offer spread at 677.60p/678.00p with a prior close at 675.80p, volume of 3.22 million shares, a 5.80% dividend yield and P/E of 25.12.