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Aviva Singapore's operating profit up 14%
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Published Thu, Mar 7, 2019 · 09:50 PM
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Singapore
AVIVA Singapore saw a 14 per cent increase in operating profit in fiscal 2018 to £125 million (S$223.1 million) from £110 million a year ago, driven by growth in the financial advisory channel in life.
The insurer's value of new business (VNB) was up 25 per cent to £152 million from £123 million, with strong sales from the financial advisory channel and improved mix towards protection.
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