Norwich union int'l shows strong first quarter sales ' 7% up on previous year's figures
Norwich Union International has added euro and dollar classes to its With-Profit Bond on the back of strong sales in the first quarter of this year. The company reported sales of e35.7m for the first quarter, which is 7% higher than sales over the same period last year. These sales include e10.6m from the offshore company's with-profit business which is reinsured back to parent Norwich Union. 'Our new business figures are ahead of 2002, despite a difficult first quarter globally,' said Clive Witter, managing director of the Dublin-based life company, which entered the international w...
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