Aviva announces huge income and profit targets from RAC
Norwich Union parent Aviva has promised improved targets for its worldwide general insurance business, claiming profits from the recently acquired RAC will reach £250m by 2008 and for the group to meet or beat a Combined Operating Ratio (COR) of 98%.
As revealed in Post Magazine last week, the insurer has also earmarked Cost savings of £100 million per annum from RAC integration in 2006, however, it now said these will increase further to £130Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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