British insurer and asset manager Aviva reported growth in key business lines over the first quarter of 2023, but a slowdown in net flows to its wealth business after a volatile period for markets.

The FTSE 100 company said general insurance gross written premiums increased to 2.4 billion pounds, up 11% on 2.1 billion the previous year, while private healthcare sales grew 25% as more individuals and companies opted for private cover.

Aviva reported net flows to its wealth arm Aviva Investors of 2.3 billion pounds, down 15% on the prior year, citing market volatility impacting investment activity. (Reporting by Iain Withers, editing by Sinead Cruise)