Aviva increases sales figures - papers 8th February

clock

NORWICH UNION owner Aviva finished 2005 with its strongest quarter of the year, reports The Scotsman.

According to the paper, the UK's largest insurer unveiled UK fourth quarter sales of £2.77bn, a 7% gain on a year earlier, pushing the figure for the whole year to £10.21bn, compared with £10.03bn in 2004. Chief executive Richard Harvey described the performance as "robust" and said the UK business had gained market share. The figures for the year in the UK were depressed by the company's withdrawal from writing less profitable business in the first part of 2005. The impact was seen in sales of individual pensions, which dropped to £2.6bn from £3.11bn in 2004. However, the trend impro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •