LONDON Aug 8 British insurance group Aviva
posted a 5 percent rise in operating profits as rising
sales in key markets offset weakness in southern European
In a half year earnings statement on Thursday, Aviva said
the value of new business - its key measure of growth - grew 17
percent to 401 million pounds.
The performance was driven by the UK, France and Asia,
thought sales fell sharply in Italy and Spain, Aviva said.
"In the first half we have taken a number of steps to
deliver our investment thesis of cash flow and growth. These
results show satisfactory progress in Aviva's turnaround," Chief
Executive Mark Wilson said.