Worldwide long-term savings new business – twelve months to 31 December 2005
Rest of the World
United States:
Life and pension sales increased by 32% to £527 million (2004: £396 million), benefiting from a wider product offering and ongoing distribution improvements. The company launched six new products in 2005, including a fixed-indexed annuity and a deferred annuity tailored for the banking channel. The company remained focussed on broadening its distribution with good growth expected in 2006 supported by the recent upgrade in A.M. Best rating’s to A+.
