Aviva's new business grows 14%

Aviva's (AV) value of new business grew 14% to £571M in the first nine months of the year, lifted by strong performances in France and emerging markets.

Operating capital generation was unchanged at £1.3B.

Operating expenses -7% to £2.28B.

Total long-term saving sales -6% to £5.81B.

Net asset value dropped to 273 pence a share at the end of Q3 from 281 pence at the end of Q2.

Aviva warned that it expects new-business growth to moderate in Q4 after a strong performance a year earlier.

Shares -0.3% in London. (PR)

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