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United Assurance sees new business fall £4m in 1998

United Assurance Group&#39s new business for 1998 dropped to £40.2m from £44.2m in 1997.


Regular sales at branches rose to £21.8m from £20.9m including pension sales which increased to £9.3m from £7.5m.


Single premium life and pension sales dropped to £61.9m from £76.5m and unit trust and Pep sales rose to £27.7m from £26.8m


The group says that terminal bonus rates will be unchanged in 1999 but reversionary bonuses will drop by 0.5 per cent.

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