Norwich Union International, Aviva’sDublin based offshore business, reports new business of€204.7 million for the first half of 2005. That’s anincrease of 38% on the same period last year. Sales are splitalmost evenly between unit linked and with-profit business.
Paul Sherlin, marketing director, Norwich UnionInternational, said: "We’re especially pleased with our newbusiness figures as it means we’ve entered a third year ofincreasing business. This success signifies our strategy isworking.
"We plan to continue adding value wherever wecan, as this is where we can really make a competitive difference.We’ve already substantially improved our product offeringsthis year with the introduction of our new with-profit guaranteefunds and more recently with our property special offer on the CoreFunds Bond.
"With-Profits continues to prove popular withinternational investors and our Core Funds Bond sales are now wellahead of last year. We’d expect this trend to continue in thesecond half of the year on the back of our property specialoffer."
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For further information:
Norwich UnionInternational Mike Gogan 00 353 1 802 8415
Financial Dynamics Christine Wood 020 7269 7253
About the Norwich UK Property Fund SpecialOffer
Benefits of Norwich UK Property Fund
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