Summary
Norwich Union owner Aviva has hailed early signs of a recovery in the UK market as it boosted its new life insurance and pensions business to pounds 10.8 billion - up 11 per cent. The group, which is the UK's largest insurer and the fifth largest in the world, said Norwich Union was benefiting from a gradual improvement in investor confidence in equity markets in the UK, with total sales for the nine months to September 30 of pounds 5.5 billion, up 11 per cent on the same nine months last time.
It said the insurer continued to consolidate its market-leading position with its share in the UK at the end of June standing at 12.1 per cent.See the full content of this document
Extract
Insurance and Pensions Boom Hailed As Recovery
Norwich Union's total sales on an annual premium equivalent (APE) basis - the UK industry's standard measure of new regu...
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