Business: Aviva First Uk Insurer to Adopt Standard

Summary


Britain's biggest insurance company, Aviva - which operates as Norwich Union in the UK - is to become the first British insurer to adopt a new European standard for valuing its life business for its 2004 accounts, ahead of competitors.

Next Thursday, Aviva will publish re-stated results for 2003 and the first half of last year to enable investors to make like-with- like comparisons when it releases its fullyear results for 2004 on March 9.

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Business: Aviva First Uk Insurer to Adopt Standard

An Aviva spokeswoman stressed that the change will not aff...

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