Aviva reports 21% rise in life and pensions sales

February 7th, 2010 admin

Aviva saw a 21% rise in worldwide life and pensions sales in the fourth quarter of 2009, to £8 billion, compared with the previous three month period. The group said it had put in a strong regional performance, with life and pension sales up 17% in the UK, 39% in Aviva Europe and 45% in the US. Sales were higher in all regions compared to the previous quarter, with a particularly strong performance in both bancassurance and retail channels in Europe. Turning to full-year 2009 life and pension figures in the …


Originally posted on InsuranceDaily

 
  Related Posts
Standard Life reports strong start to 2010
In a trading update covering the three months to the end of March, Standard Life has reported a three-fold year-on-year increase in net inflows, to £2.1 billion. Worldwide long-term savings sales increased 30% to £4.6 billion with sales at the group’s UK retail long-term savings business up 23%, to £1.8 billion, when compared to a year earlier.... 
Aviva operating profit up 21%
Aviva has reported strong first-half results, with IFRS operating profit up 21% on a year earlier, to £1.27 billion. Long-term savings new business sales rose by 4%, to £20.2 billion, and the group increased its internal rate of return to 12%, having reduced costs by 4%. The UK and Europe accounted for over 80% of regional operating profit and... 
Aviva enters Indonesian market
Aviva has broken into a new market with the acquisition of a 60% stake in PT Asuransi Winterthur Life Indonesia (WLI). According to the insurer, Indonesia is one of the fastest growing life insurance markets in Asia, and the acquisition is consistent with the its long-term strategy to build a presence in key South East Asian markets. WLI has gross... 
Wesleyan announces strong 2009 results
Wesleyan Assurance Society, the financial services specialist for professionals, has announced that it enjoyed a good year in 2009 and released its financial performance figures for that year. The firm saw new business sales rise by 11%, with ISA and unit trust sales up 59% and income protection product sales rising by 36%. Wesleyan also increased... 
insurance4vanrental.com sees rise in van hire insurance sales
In September last year insurance4carrental.com offered van hire excess insurance (on behalf of Towergate Underwriting Group), since when the number of sales made has been rising daily. In March, the firm launched insurance4vanrental.com, a reflection of the success of the specialist van hire excess insurance. Philip Suter of jml Property Services,... 
RSA Insurance Group increase UK sales
RSA Insurance Group increased their car insurance premiums by 9 per cent in the first quarter of this year, helping them to beat their forecast sales. Sales were 7 per cent up in the UK, compared to the same period last year, helped by premium rises. The firm, previously known as Royal & SunAlliance, is the  Read More →
AXA agrees £2.75bn life & pensions sale to Resolution
AXA has today announced that it has agreed to sell its UK-based traditional life and pensions businesses, its IFA protection and corporate pension businesses and its annuity businesses to Resolution Ltd, for £2.75 billion. The French group says the move is consistent with its intention to focus on growing its wealth management business in the UK... 
Crawford reports Q1 figures
Crawford & Company has reported its financial results for the first quarter of 2010. The firm saw flat consolidated revenues of $236.3m, up just $0.2m compared to the same period last year. Crawford also achieved exactly the same net income ($3.1m) in Q1 2010 as the firm did in Q1 2009, with diluted earnings per share remaining at $0.06. However,... 
MMC announces quarterly and annual results
Marsh & McLennan Companies, Inc. (MMC) has announced its financial results for the quarter and year ended 31 December 2009. In Q4 consolidated revenue rose 3% compared to the same quarter in 2008, reaching $2.7bn, but fell 2% on an underlying basis. For the year consolidated revenue declined 9% from $11.5bn in 2008 to $10.5bn, a fall of 5% on... 
FSA fines Standard Life over Pension Sterling Fund
The Financial Services Authority (FSA) has fined Standard Life Assurance Limited £2.45 million for serious systems and controls failings that resulted in the production of misleading marketing material for its Pension Sterling Fund (PSF). The regulator found that between 10th July 2006 and 28th February 2009, the life and pension provider made errors... 
  Related Tweets from Twitter
KrisMcfaddenh87 (Kris Mcfadden)  : http://bit.ly/d2kPiJ New York Islanders :O Club-by-club guide to the new Aviva Premiership season..
Updated : 2010-09-04T06:56:39Z   |  Reply  |  View Tweet
TM_Rugby (Rugby on TweetMeme)  : Sale 35-18 Newcastle | Aviva Premiership match report | Rugby Union News http://retwt.me/1OCSO (via @contentengine)..
Updated : 2010-09-04T06:46:08Z   |  Reply  |  View Tweet
SMENews (SME News)  : Aviva Life Insurance introduces three new products: NEW DELHI: Aviva Life Insurance, a private insurer, has unveil... http://bit.ly/aJJiGR..
Updated : 2010-09-04T05:36:37Z   |  Reply  |  View Tweet
bajajallianz (Bajaj Allianz)  : @anandnat http://bit.ly/newULIPS..
Updated : 2010-09-04T05:15:41Z   |  Reply  |  View Tweet
bajajallianz (Bajaj Allianz)  : The surprise is unveiled!! http://bit.ly/newULIPS..
Updated : 2010-09-04T05:15:33Z   |  Reply  |  View Tweet
  Related News from Digg
No comments yet.

Spam Protection by WP-SpamFree

TOP