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.

The VNB from Aviva's 140-strong agency channel rose 27 per cent year-on-year in 2014.

The insurer posted a 49 per cent year-on-year rise in sa…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Meta releases early versions of its Llama 3 AI model
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
US: Wall St opens higher as some chip stocks bounce back after selloff
Blackstone reports 1% rise in Q1 earnings

Purchase this article

Companies & Markets

Companies & Markets

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

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT