Aviva posts £680m loss after US writedown

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Insurer Aviva recorded a loss after tax of more than £680m in the first half of the year, after writing down some £870m of goodwill at its US business.

The post-tax loss of £681m compares with profits of £465m recorded in the same period in 2011. The group said the biggest drivers of the overall loss were the US writedown, adverse non-operating...

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