Aviva reports profit despite "predictable downward pressure"
£747m profit as insurer cuts costs in volatile market
Aviva has reported an IFRS profit after tax £747m (HY08: £84m loss) in the first half of the year.
Operating profit before tax was lower by 14% on an IFRS basis at £1.05bn (1H 2008: £1.22bn) and up 12
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