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Norwich Union announces 37 per cent increase in new business

Norwich Union has posted a 37 per cent increase in worldwide new business sales for the first six months of the year.


The figures reveal worldwide equivalent premium income leapt £72m to £265m for the first six months of the year, from £193m for the same period last year.


The life office reported a 36 per cent rise in new life and pensions EPI business which jumped £45m to £169m from £124m the previous year.


Investment business soared by 140 per cent with a £7m increase in new EPI business leaping to £12m from £5m the previous year.

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