Aviva reports increase in operating profit
Aviva reports increase in operating profit
Aviva plc had operating profit of $4 billion in 2011, up 6 percent from the previous year, the company reported today. Its operating profit in North America was up 15 percent to $693 million, the third straight year of growth. Life insurance operating profits were up 13 percent to $315 million, with sales down 17 percent at $6.3 billion and a new life business internal rate of return of 14 percent.
Aviva plc had operating profit of $4 billion in 2011, up 6 percent from the previous year, the company reported today.
Its operating profit in North America was up 15 percent to $693 million, the third straight year of growth. Life insurance operating profits were up 13 percent to $315 million, with sales down 17 percent at $6.3 billion and a new life business internal rate of return of 14 percent.
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