Aviva plans to more than treble its investments in infrastructure — to £14bn — over the next five years as it seeks to boost returns amid rock-bottom interest rates.
In an interview with the Financial Times, chief executive 
Mark Wilson said the insurer would invest an extra £10bn in infrastructure around the world, on top of the £4bn it has invested so far.
Insurers are increasingly turning to investing in infrastructure as an alternative to low-yielding government and corporate bonds. The long-term nature of infrastructure projects such as roads, energy plants, schools and hospitals, which pay out over years and decades, are a good fit for insurers’ long-term liabilities.
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