Worldwide long-term savings new business – Three months to 31 March 2006
Supplement 2
Analysis of sales via principal bancassurance channels
| Present value of new business premiums2 | ||
|---|---|---|
| 3 months to 31 March 2006 £m |
Local currency growth1 |
|
|
||
| Life and pensions | ||
| France | ||
| Crédit du Nord | 273 | 18% | l
| 273 | 18% | |
| Ireland | ||
| Ark | 93 | - |
| 93 | - | |
| Italy | ||
| UniCredit Group | 528 | 147% |
| Banca Popolare Italiana Group | 100 | (28%) |
| Banca delle Marche | 14 | (57%) |
| Banche Popolari Unite | 196 | 27% |
| 838 | 56% | |
| Netherlands | ||
| ABN AMRO | 160 | (13%) |
| 160 | (13%) | |
| Spain | ||
| Bancaja | 211 | 23% |
| Caixa Galicia | 67 | (27%) |
| Unicaja | 89 | 58% |
| Caja España | 42 | 18% |
| Caja de Granada | 34 | 19% |
| 443 | 16% | |
| Asia | ||
| DBS | 57 | - |
| 57 | - | |
| United Kingdom | ||
| Royal Bank of Scotland Group | 256 | 115% |
| 256 | 115% | |
| Total life and pensions | 2,120 | 40% |
| Investment sales3 | ||
| United Kingdom | ||
| Royal Bank of Scotland Group | 41 | 141% |
| 41 | 141% | |
| Total bancassurance sales | 2,161 | 41% |
Analysis of total new business sales via the joint venture with Royal Bank of Scotland Group (RBSG)
Total sales through the joint venture with RBSG are provided below on a 100% basis and for Aviva’s share. In reporting the life and pensions results, a 50% share of sales written through the joint venture life company and 100% of single premium with-profit and unit-linked bond sales written through a Norwich Union fund are included. Investment sales represent Aviva’s 50% share of the collective investment sales.
| Total RBSG sales | Aviva’s share | ||||
|---|---|---|---|---|---|
| 3 months
to
31 March 2006 £m |
3 months to
31 March 2005 £m |
3 months
to
31 March 2006 £m |
3 months to
31 March 2005 £m |
||
| Total life and pension sales | 332 | 182 | 256 | 119 | |
| Collective investment sales | 82 | 34 | 41 | 17 | |
| Total RBSG bancassurance sales | 414 | 216 | 297 | 136 | |
