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

Friday, March 10, 2017 - 05:50

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


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.

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