Aviva reveals fall in profits due to bad weather

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Aviva reveals fall in profits due to bad weather

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03-03-2008, 11:57 PM

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Aviva reveals fall in profits due to bad weather

As a result of the turbulent weather in the UK, Norwich Union owner Aviva has unveiled a drop in the profits growth.The group’s general insurance arm reported a 39% fall in operating profits to £1 billion last year. The fall was primarily due to the worst UK floods for 60 years. However, operating profits [...]

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