Aviva's UK life and pensions sales increased by 6% to £8.1m during the nine months to 30 September.
However, the insurer's long term savings sales were dealt a blow by the recession, falling 8% to £23.6bn over the period. Sales of group personal pensions (GPPs) rose by 68% to 30,000 over the period, as the insurer upped its market share of the products from 11% at the end of 2010 to 15%. Protection sales were up 2% from £737m to £749m. Aviva's individual annuity sales increased by 20% compared to Q3 2010, from £1.75bn in September last year to £2.1bn in Q3 2011. Andrew Moss, group chief executive of Aviva, said: "Markets have been exceptionally volatile but we have delivered a st...
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