Aviva 2007 Annual Report Download - page 7
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Aviva plc
Annual Report and
Accounts 2007
3
OverviewOverview
North America
Total sales
£5,014m
(2006: £2,273m)
PVNBP†£3,602m
Net written premiums £1,412m
£5,014m
EEV operating profit
£408m
(2006: £183m)
Long-term savings £255m
Fund management £3m
General insurance £154m
Other operations £(4)m
£408m
IFRS operating profit
£256m
(2006: £164m)
Employees and locations
4,717
(2006: 4,659)
Canada
United States
Major operating brands
Aviva USA ranks first and second in
the indexed life and indexed annuity
markets, respectively
Aviva Canada is ranked second in the
Canadian general insurance market
Asia Pacific
Total sales
£4,117m
(2006: £2,572m)
PVNBP†£1,429m
Investment sales £2,660m
Net written premiums £28m
£4,117m
EEV operating profit
£97m
(2006: £92m)
Long-term savings £91m
Fund management £15m
General insurance £4m
Other operations £(13)m
£97m
IFRS operating profit
£37m
(2006: £50m)
Employees and locations
2,052
(2006: 1,784)
Australia Malaysia
China Singapore
Hong Kong Sri Lanka
India Taiwan
South Korea#
Major operating brands
In Singapore, we rank first in combined sales of
long-term savings products, including unit trusts
Australia: seventh in individual protection
market and sixth in the platform market
One of the fastest growing life insurers
in Hong Kong
Contribution to Group total sales
1: UK
42% 2: Europe
40% 3: North America
10% 4: Asia Pacific
8%
1
2
4
3
* Based on gross worldwide premiums at 31 December 2006.
** Typically includes motor, household, creditor, health, commercial motor, commercial property and commercial liability insurance.
† Present value of new business premium (PVNBP) is equal to total single premium sales received in the year plus the discounted value of annual premiums
expected to be received over the term of new contracts, and is expressed at the point of sale.
‡ Belgium, Germany and Luxembourg are reported as part of the Netherlands results.
# Aviva announced on 31 January 2008 that it is to enter the South Korean life insurance market by forming a consortium with Woori Finance Holdings
Company Ltd.
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