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23 Mar 2018, Natalia Yanakieva, EMIS Acting Head of Editorial

UK AVIVA MULLS ACQUISITIONS IN POLAND, TURKEY

British insurer Aviva has set aside GBP 600mn for acquisitions in Poland, Turkey and anywhere the company has existing markets, chief executive Mark Wilson said. The first acquisition as part of this target sum was that of Irish insurer Friends First in 2017.

The announcement came as the general and life insurer announced a 2% hike in 2017 operating profit to GBP 3.1bn on strong performance in its UK division.

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