SUBSCRIBERS
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
Published Mon, Mar 30, 2015 · 09:50 PM
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 30 per cent, while it rose 42 per cent for its financial advisory channel.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards