You are here

Aviva Asia's full-year VNB falls 11% due to end of Singapore bank distribution

BT_20170310_CHAVIVA10_2784289.jpg
Mr Wei sees Asia as a strategic market given its fast growing economies.

Singapore

DRAGGED by the Singapore operations, insurer Aviva Asia on Thursday reported an 11 per cent full-year fall in value of new business (VNB) to £148 million (S$255.9 million) on a constant currency basis.

VNB is a measure of the expected profits from new premiums written.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom