Good international growth for Friends Life

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Friends Life latest figures for third quarter of 2011 show that the International business continued the strong growth seen in the first half of 2011, with sales up 11% to £195m.

According to the report, international business has seen good growth in the majority of its core markets with notable performances in North Asia and South East Asia. "These markets have developed well over the period with growth in regular premium and single premium business benefiting from the local economic environment being more buoyant than Europe despite the recent financial market shocks," says the report. Consistent with the strategic aim of the business, the third quarter also marked the beginning of the rollout of the revised regular premium contract, Premier, which will improve...

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