Aviva PLC, a London insurer, said first-quarter sales rose, in part because of stronger U.S. sales as a result of its acquisition of AmerUs Group Co.
First-quarter life and pension sales increased rose 14% from a year earlier, to $15.5 billion, Aviva said Tuesday. New U.S. business jumped more than fourfold, to $1.675 billion. U.K. sales rose 2.9%, to $5.61 billion, while sales in the rest of Europe increased 4.1%, to $7.61 billion.
Sales from investment products rose 27%, to $2.86 billion. Aviva bought AmerUs, a Des Moines insurer, last year for $3.1 billion.
