Aviva committed to Lanka - Chief Executive AP
On a recent visit to Eagle Insurance, Aviva's Sri Lankan subsidiary,
Simon Machell, Chief Executive, Asia Pacific, told employees that Eagle
will continue to play an important role in the overall growth of the
company in the region.
"We've been very happy with the growth achieved since we acquired a
controlling stake in Eagle Insurance in 2006,' said Machell.
"We recorded 22% growth in gross written premium in 2007, mostly
thanks to the expansion of our bancassurance channels. Our latest
figures show a 25% year-on-year revenue growth for the second quarter of
2008.
We are committed to Sri Lanka, and we expect Sri Lanka to continue to
make a significant contribution to meeting our Asian growth targets."
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