Worldwide sales at Aviva rose by 22% to £22.7bn during the first nine months of the year, driven by a record performance in its domestic UK market, reports the Times.
Aviva said new business profits globally had risen by 16% to £666m over the nine months to the end of September and margins had remained strong at 3.5%. It said sales of investment products rose by 54% to nearly £3.6bn, with bancassurance sales up a quarter to almost £5.8bn, says the paper. While Aviva noted international sales were 11% higher at £12.3bn, it highlighted its strength in the UK, where total sales of insurance and savings products jumped by 39% to nearly £10.5bn. MORE THAN 10% of Standard Life's eligible with-profits policyholders have still not claimed their shares follow...
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