News

Worldwide long-term savings new business Year to 31 December 2003

20 January, 2004

  • Worldwide life and pensions sales on an APE* basis of £2,377 million (2002: £2,373 million)
  • Total worldwide sales, including investment products, of £14.4 billion (2002: £14.6 billion)
  • Worldwide total bancassurance sales up 27% to £563 million on an APE basis
  • Final quarter of 2003 strongest sales of the year
  • Aviva well-positioned to capitalise on market upturn

* Annual premium equivalent (APE) is the UK industry's standard measure of new regular premiums and 10% of single premiums.
All growth rates quoted are at constant rates of exchange.

Enquiries:

Analysts/Investors:
Philip Scott, Group Executive Director +44 (0)20 7662 2264
Steve Riley, Investor Relations Director +44 (0)20 7662 8115
James Matthews, Head of Investor Relations +44 (0)20 7662 2137

Media:
Hayley Stimpson, Director of External Affairs +44 (0)20 7662 7544
Sue Winston, Head of Group Media Relations +44 (0)20 7662 8221
Alex Child-Villiers, Financial Dynamics +44 (0)20 7269 7107 

NEWSWIRES: There will be a conference call today for wire services at 7:45am (UK time) on +44 (0)20 7784 1018. This conference call will be hosted by Philip Scott, Group Executive Director and Gary Withers, Chief Executive Norwich Union Life.

ANALYSTS: There will be a conference call today for analysts and investors at 9:30am (UK time) on +44 (0)20 7784 1018. This conference call will be hosted by Philip Scott, Group Executive Director and Gary Withers, Chief Executive Norwich Union Life.

Replay will be available for two weeks until 3 February 2004. The dial in number for replay is +44 (0)20 7784 1024 and the pass code is 541059#.

Download the full announcement PDF (555KB)

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