Aviva targets triple digit growth in 2007

Kolkata, May 15 (UNI) Aviva life insurance has targetted triple digit growth in this year (calender) and aims to break-even in 2008.

The company today launched 'Dhanvridhi', an insurance plan with guaranted return.

Speaking at a press conference here today, Aviva's Director (Marketing) Vivek Khanna said the company has grown at the rate of 111 per cent in 2006 compared to the industry growth of 92 per cent.

'' Our present value of new premium (PVNP) in 2006 was Rs 2700 crore as compared to Rs 970 crores in 2005,'' Mr Khanna said.

UNI