Norwich Union reports strong profits for offshore business

Clive Witter, managing director of Norwich Union International, said it was set to grow this further, with a raft of new products launches throughout 2006. He said: “We plan to build on this growth with the introduction of further products, which includes the recent launch of Premier Portfolio, a bond that offers access to thousands of funds from various investment managers. “We have also designed a new inheritance tax planning solution – the Estate Protection Plan – that combines Premier Portfolio with a new trust, the Estate Protection Trust. Another recent innovation is the new inflat...