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Aviva S'pore reports 49% jump in 2014 sales, thanks to DBS tie-up

Insurer says value of new business jumped 23 per cent to S$182m
Tuesday, March 31, 2015 - 05:50
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Mr Majmudar says Singapore is a key contributor of revenue in Asia, accounting for more than half the profits in the region.

Singapore

DRIVEN largely by its partnership with local lender DBS, insurer Aviva Singapore posted a 23 per cent rise in value of new business (VNB) - a measure of profits from new premiums written - to S$182 million in 2014.

The value of new business from its DBS partnership grew

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