Insurance Post

Aviva benefits from Friends Life acquisition as UK profits slide

Mark Wilson

Aviva recorded a 20% increase in global profits to £2.67bn in 2015 compared with £2.21bn the previous financial year.

The profit contribution from the acquisition of Friends Life was £554m with underllying profit growth across the group of £103m. The improved profit came despite the global insurer being hit by £117m

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