Aviva ups capital

Life insurance company Aviva, held by British group Aviva, is planning to launch a powerful market offensive this year and has operated a $1.5m capital increase, up to $17.5m. The company will mainly focus on the future market of pension funds, which is still waiting for the specific legislation to be endorsed. Aviva teamed up with ABN AMRO Romania late last year to distribute corporate insurance products. Corporate clients are an important target for the products of life insurers, which can be included in the salary packages. ZF