Aviva life and pensions new business down on 2012

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Aviva has posted its weakest quarter for new business in 15 months for its UK life and pensions arm, as restructuring continues at the insurance giant.

In its 2013 quarter 1 results, the firm showed the present value of new business premiums (PVNBP) hit £2.3bn. This is 3% down on the last quarter and 4% on Q1 2012 and well below £2.9bn high of Q2 ...

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