Aviva posts excellent results

Aviva plc, the world's fifth largest insurance group in the world which acquired the controlling interest in Eagle Insurance in 2006, has just reported a highly successful year in 2007 increasing its total worldwide sales up by 25 per cent to Sterling Pound 38,583 million.

The Asia Pacific region was ahead of its growth targets with total sales up by 60 per cent to Sterling Pound 4,089 million and the investment sales continue to deliver robust growth-up 41 per cent to Sterling Pound 6,983 million.

Aviva's Group Chief Executive Andrew Moss said: "In line with our priority of focusing on growing our existing businesses, I'm very pleased to report that Aviva has achieved total sales growth of 25 per cent in 2007.

In Europe, we've delivered impressive growth across our portfolio, and in the US we are on track to double our sales within three years of our acquisition of AmerUs.

Asia Pacific has shown exceptionally strong growth and the region now accounts for around 11 per cent of the Group's sales.