16 per cent increase in life insurance sales for Aviva

Wed, 25 Apr 2007

The largest insurance company in the UK, Aviva, have reported further increases in life insurance and pensions sales . The soar, by 16 per cent, comes as the head of UK business at the company unexpectedly resigned. He will become the deputy chairman of insurance at Towergate Partnership.

Sales were boosted up to £7.75bn in the first quarter of the year, with life insurance policies performing well. Pensions sales, continuing to suffer as a result of A-Day, have slumped somewhat. Aviva are focusing on their international business, and aiming for a 20 per cent sales growth in America next year.

Aviva operate as Norwich Union in the UK, selling a variety of different insurance policies . Aviva hit headlines earlier this year following an efficiency survey and 4,000 job cuts.
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