Norwich Union International, Aviva’s Dublin based offshore business, reports new business of €102.6 million for the first quarter of 2005. That’s an increase of 122% on the same period last year. These sales include €45.4 million of sales from with-profit business.
Norwich Union International, Aviva’s Dublin based offshore business, reports new business of €102.6 million for the first quarter of 2005. That’s an increase of 122% on the same period last year. These sales include €45.4 million of sales from with-profit business.
Clive Witter, managing director, Norwich Union International, said: "We’re particularly pleased with this strong quarter start to the year as it means we have entered a third year of increasing business. For this quarter, we attribute this trend to maintaining with-profit bonus rates at 2004 levels and introducing a new with-profit fund with a built in 5 year money back guarantee. We look forward to building on these results throughout 2005."
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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