Aviva plc had a record quarter in the three months leading up to 31 March, with total worldwide sales up 18.2 percent to 9,183 million.
Other highlights included:
– Worldwide life and pensions sales up 16 percent to 7,751 million- Pro forma sales growth of 67 percent from the combined business in the US- Total UK sales up 9 percent to 3,500 million, with new business margin rising to 3 percent- Continued growth in the Asia Pacific region with total sales up 34 percent to 700 million- Investment sales up 30 percent to 1,432 million- New business profit growth of 17 percent with new business margin remaining strong at 3.5 percent
“This is a record quarter from Aviva, showing profitable growth across our multi-national portfolio,” said Andrew Moss, group finance director and incoming group chief executive. “Our US business has been our star performer. Sales are up by 67 percent, at an increased margin. AmerUs is proving to be an exciting acquisition and we now have a much stronger presence in the world’s largest savings market.”