NU life and pensions sales dip under 1%

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Norwich Union's life and pensions sales rose by less than 1% during 2008, though parent company Aviv...

Norwich Union's life and pensions sales rose by less than 1% during 2008, though parent company Aviva saw stronger growth in its international business. The firm also revealed it wants to renegotiate its reattribution offer for inherited estates, and will discuss plans with policyholders. Last year, the UK life and pensions provider saw total sales climb marginally from £11.8bn to £11.86bn, though this was a record high for the group. Aviva's international life and pensions sales were up 11%, though these were boosted by the weakness of sterling, with local currency sales up just 2%. ...

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