The income from fees and commissions for the life insurance segment of Aviva Plc increased year-on-year from 2014 to 2020, while the value for the general insurance segment increased 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 2021, fee and commission income for life insurance amounted to over one billion British pounds for the first time during the period under observation. On the other hand, the fee and commission income for general insurance amounted to 102 million British pounds in 2021 - well below the peak value reported at the beginning of the time period.
Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2021
(in million GBP)
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Aviva. (March 1, 2022). Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2021 (in million GBP) [Graph]. In Statista. Retrieved August 16, 2022, 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 2021 (in million GBP)." Chart. March 1, 2022. Statista. Accessed August 16, 2022. https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/
Aviva. (2022). Income from fees and commissions for Aviva Plc life and general insurance segments in the United Kingdom (UK) and Ireland from 2014 to 2021 (in million GBP). Statista. Statista Inc.. Accessed: August 16, 2022. 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 2021 (in Million Gbp)." Statista, Statista Inc., 1 Mar 2022, 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 2021 (in million GBP) Statista, https://www.statista.com/statistics/493864/united-kingdom-aviva-fee-commission-income-life-general-insurance/ (last visited August 16, 2022)