Aviva plc
Aviva: Q1 new business
Aviva reported strong new business figures for the first quarter of 2006, the growth being lead by sales of investment products.
Life and pensions sales were up 27% on an APE basis, investment sales were up 119% on an APE basis and total sales were up 34% on an APE basis when compared to the same […]
Aviva: 2005 results
Life assurer Aviva reported that operating profits for the year to December rose 29% to £2,904m. Earnings were driven largely by a better performance in general insurance & health where profits rose 22% to £1,551m. Life operating profit rose 11% to £1,814m. Fund management profits increased significantly to £92m (2004: £40m).
The macro environment for long […]
Aviva: FY05 new business
The UK’s largest life assurer Aviva said sales for the year to December 2005 rose 10% to £24.6bn (on the Present value of new business premiums (PVNBP) basis). PVNBP is a new method of calculating sales and is based on the net present value of regular premia sold and 100% of the value of single […]
Aviva: Q3 new business
Aviva reported slow new business figures for the nine months to September 2005. On an APE basis, new business volumes increased by 7%. Investment sales (which contribute only 8.3% of total sales) fared better, growing 40% than the core life and pensions business which grew by just 5%.
Life and pension sales declined in the UK, […]
Aviva: H1 Results
Aviva announced a 21% increase in operating profits (on the European Embedded Value (EEV) basis) for the half year to June 2005. Total operating profit rose 21% to £1,318m, mainly due to a strong performance in general insurance. Life operating profit rose 5% to £857m, with more than 60% of the earnings arising from […]
RAC: acquisition by Aviva
RAC has been bought by Aviva. A recommenced offer was made in March and and Aviva had purchased or had received acceptances for 90% of RAC shares by the 10th May.
Aviva: Q1 new business
Aiva, announced what appeared to be healthy new business figures for the first quarter of 2005; worldwide life and pensions sales growing by 17% over the same period last year. A closer examination of the figures
Aviva
Insurer Aviva appears to have marked the end of five years of stagnant earnings with a welcome return to growth in 2004. Boosted by a strong performance in general insurance the company has reported a 25% growth in operating profits to £2,344m. General insurance operating profits were up 47% to £1,326m while life operating profits […]
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