Life and savings new business* up 40 % at 1 479 million euros (2004: 1 053 million euros). These figures include business generated by Antarius at 343 million euros; excluding Antarius, the increase is 8%.
- Life and savings new business* up 40 % at 1 479 million euros
(2004: 1 053 million euros). These figures include business generated by Antarius at 343 million euros; excluding Antarius, the increase is 8%. - Excellent performance of sales in units of account* for all Aviva networks, increase of 105%, at 596 million euros including Antarius; excluding Antarius, the increase is 50%.
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- increase of 66% for AFER, at 158 million euros, resulting from both the renewed confidence of members and the expansion of the range of funds,
- standing at 159 million euros for Antarius,
- increase of 43% for all other Aviva networks, at 279 million euros.
- Aviva Gestion d’Actifs has been rewarded once more for the excellent performance of its asset management. In particular, it received three more La Tribune/Standard & Poors Victoires des Sicav awards, for its overall 1-year, 3-year and 5-year ranges.
- The gross contribution of new business to intrinsic value, based on PVNBP*, is up 50%, standing at 52 million euros (2004: 34 million euros). On this basis, the margin stands at 3.5% (for 2004: 3.4%).
* PVNBP: "present value of new business premiums" – updated, annualised figures for new business according to the principles of EEV (European Embedded Value) applied by the CFO Forum.
| 1st quarter 2005 | ||||||
| Weighted average capitalisation factor | Trend 2005/2004 | |||||
| Regular premiums | Regular premiums based on PVNBP* | Voluntary payments | New business* | |||
| In M€ | In M€ | In M€ | In M€ | |||
| Euro funds | 5 | 5.6 | 28 | 790 | 818 | +17% |
| Units of account | 16 | 5.8 | 93 | 503 | 596 | +105% |
| Employee benefits | 10 | 6.5 | 64 | 1 | 65 | +4% |
| Total for life and savings | 31 | 6.0 | 185 | 1294 | 1479 | +40% |
The weighted average capitalisation factor corresponds to the actuarial holding period for contracts.
Media contacts:
Hervé Poreaux
herve_poreaux@aviva.fr
+33 (0) 1 76 62 85 92
Sophie Le Blévec
sophie_leblevec@aviva.fr
+33 (0) 1 76 62 57 86
Notes for editors:
- Aviva is one of the leading life and pensions insurers in Europe and occupies a strong position in other markets throughout the world. Aviva is the world’s 5th largest insurance group based on gross premiums.
- Aviva is involved in three main areas, life assurance and long-term savings, fund management and property insurance. Its annual premiums amount to almost Ł33 billion and the assets managed by it amount to more than Ł273 billion as at 31 December 2004.
- Antarius is a joint-venture of Crédit du Nord and Aviva.
- Press releases are available on the sites of www.aviva.com and www.aviva.fr
- Aviva France has changed address. Its new contact details are: 80 avenue de l’Europe 92270 Bois-Colombes – Tel: 01 76 62 5000