Norwich Union International, Aviva’s Dublin based offshore business, reports new business of €240.8m for the first nine months of 2004. That’s an increase of 44% on the same period last year.
Norwich Union International, Aviva’s Dublin based offshore business, reports new business of €240.8m for the first nine months of 2004. That’s an increase of 44% on the same period last year.
There is a continuing trend for sales to split evenly between unit-linked and with-profit business. With-profit is a popular offshore proposition. With-profit business is reported in the sales figures of Norwich Union Life in the UK where it is reinsured.
Clive Witter, managing director, Norwich Union International, said: "Our new business figures have sustained consistent growth for some time now. We’re particularly pleased with this trend and expect it to continue into the future. Strong sales figures demonstrate that our strategy is working, that we have the right products in the right place at the right time and at the right price".
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For further information:
Norwich Union International Mike Gogan 00 353 1 802 8415
Financial Dynamics Christine Wood 020 7269 7253
Notes to editors
- Norwich Union is the UK's largest insurer. It is the UK's largest provider of life, pensions and investment products and one of the leading IFA providers.
- Norwich Union’s news releases and a selection of images are available from Aviva's internet press centre at www.aviva.com/media