Aviva 4Q New Sales Down 14%; Worst May Be Over

Aviva PLC (AV.LN), the U.K.'s second-biggest insurer by market capitalization, Thursday posted a 14% fall in life and pensions new business sales in the fourth quarter but said the worst of the downturn in quarterly sales is probably over.

Despite the fall in year-on-year figures, the fourth-quarter sales of GBP7.94 billion represent a strong 21% increase from the third quarter, helped by bancassurance operations in Europe...

WSJ: Aviva 4Q New Sales Down 14%; Worst May Be Over
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