Aviva plc: Worldwide long-term savings new business – 12 months to 31 December 2006
| Present values of new business premiums1 | |||
|---|---|---|---|
| 12 months 2006 £m |
12 months 2005 £m |
Local currency growth2 |
|
| Life and pensions business | |||
| United Kingdom | 11,507 | 9,185 | 25% |
| United Kingdom – after the effect of UK lapse assumption changes | 11,146 | 9,185 | 21% |
| France | 3,552 | 3,530 | 1% |
| Ireland | 1,273 | 665 | 93% |
| Italy | 2,768 | 2,294 | 22% |
| Netherlands (including Belgium and Germany) | 2,346 | 2,739 | (14)% |
| Poland | 534 | 320 | 63% |
| Spain | 2,059 | 2,013 | 3% |
| Other Europe3 | 308 | 240 | 29% |
| Continental Europe | 12,840 | 11,801 | 9% |
| Asia | 685 | 396 | 70% |
| Australia | 297 | 337 | (10)% |
| United States4 | 884 | 527 | 70% |
| Rest of the World | 1,866 | 1,260 | 49% |
| International | 14,706 | 13,061 | 13% |
| Total life and pensions | 26,213 | 22,246 | 18% |
| Total life and pensions – after the effect of UK lapse assumption changes | 25,852 | 22,246 | 17% |
| Investment sales5 | |||
| United Kingdom | 2,455 | 1,160 | 112% |
| Netherlands | 285 | 563 | (49)% |
| Poland | 131 | 53 | 138% |
| Other Europe | 475 | 410 | 17% |
| Continental Europe | 891 | 1,026 | (13)% |
| Australia | 1,303 | 1,061 | 25% |
| Singapore | 261 | 90 | 181% |
| Rest of the World | 1,564 | 1,151 | 38% |
| International | 2,455 | 2,177 | 14% |
| Total investment sales | 4,910 | 3,337 | 48% |
| Total long-term savings | 31,123 | 25,583 | 22% |
| Total long-term savings – after the effect of UK lapse assumption changes | 30,762 | 25,583 | 21% |
| Navigator sales (included above) |
1,371 | 938 | 48% |
- All references to sales in this announcement refer to the present value of new business premiums (PVNBP) unless otherwise stated. PVNBP is the present value of new regular premiums plus 100% of single premiums, calculated using assumptions consistent with those used to determine new business contribution.
- Growth rates are calculated based on constant rates of exchange.
- 2005 figures include new business sales of £45 million from the Portuguese business, which was disposed of in October 2005. Excluding Portugal, Other Europe life and pension sales growth would have been 60%.
- Includes sales from AmerUs of £324 million.
- Investment sales are calculated as new single premium plus annualised value of new regular premiums.
