The largest insurance company in the UK, Aviva, who own Norwich Union, have posted a 21 per cent increase in their nine month life insurance and pensions sales. The company has been aided by growth in the US, and global meeting of market forecast.
In response, weaker Aviva shares climbed again. Under growing pressure from investors, stable margins and strong sales figures should confirm the role of the chief executive, Andrew Moss.
Aviva have triumphed through a measure of adversity, with the European market unstable and flat. Moss reportedly commented: "We think the business model is absolutely right, we remain absolutely committed to it."
Pension schemes were a strong performer for the company.
Aviva pensions profits climb
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Aviva pensions profits climb
Fri, 26 Oct 2007
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