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The JournalMarch 08, 2010

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SUNDAY TELEGRAPH UNLIKE its rival Prudential - which recently announced plans to buy AIG's Asian business for pounds 23.5bn - insurer Aviva has said it will focus its energies on Europe.

While the European market is more mature, people are older and richer. Aviva recently posted a surprise rise in operating profits, although the group still faces challenges.

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Full-year pre-tax profits were pounds 2bn, compared with a pounds 2.3...

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