Sales Up And Profits Down At Aviva

Aviva, the UK insurance, life assurance and pensions company formed by the merger of Commercial Union and Norwich Union, says worldwide bancassurance life and pensions sales were up 56 per cent from 179 million to 299 million in the first

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Aviva, the UK insurance, life assurance and pensions company formed by the merger of Commercial Union and Norwich Union, says worldwide bancassurance life and pensions sales were up 56 per cent from 179 million to 299 million in the first half of 2003. But operating profits plunged from 955 million to 828 million.

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