DL to sell health business

Aviva PLC
16 July 2007




News release



16 July 2007



                  DELTA LLOYD TO SELL HEALTH BUSINESS
                 AND CREATE LONG-TERM ALLIANCE WITH CZ


Aviva plc ('Aviva') announces that its Dutch business, Delta Lloyd Group ('Delta
Lloyd') has reached an agreement to sell its health insurance business to O.W.M
CZ Groep Zorgverkeraar U.A ('CZ'), a mutual health insurer, and create a
long-term alliance for the cross-selling of insurance products.


Under the terms of the agreement CZ will purchase the Delta Lloyd health
insurance business. Delta Lloyd will continue to market and distribute health
insurance products from CZ to its existing customers under the Delta Lloyd, OHRA
and ABN AMRO brands. CZ will take on the underwriting risk and policy
administration.


Under the new alliance, Delta Lloyd will have exclusive rights to market life,
general insurance and income protection products to CZ's 2.6 million customers.
Delta Lloyd will continue to provide asset management for the transferred health
insurance business.


This agreement will enable Delta Lloyd to focus on its core life and general
insurance businesses whilst providing access to products from a top three health
insurance provider and continuity of service to customers.


Delta Lloyd has previously stated that it believes significant scale, with a
minimum customer base of 2 million policyholders, is required to compete
successfully in the Dutch healthcare insurance market. The enlarged CZ business
will have a customer base of over 3.3 million.


The Delta Lloyd health insurance business had gross assets of £1 billion as at
31 December 2006.


The transaction is expected to take effect from 1 January 2008, subject to
regulatory, competition and other customary approvals.



                                     -ends-




Enquiries:


Media
Hayley Stimpson, director of external affairs                [phone]
Sue Winston, head of group media relations                   [phone]
Matthew Newton, Finsbury                                     [phone]


Analysts
Charles Barrows, investor relations director                 [phone]
Amanda Wilbraham, investor relations senior manager          [phone]



Notes to editors:


Aviva

•  Aviva is the leading provider of life and pensions in Europe with substantial 
   positions in other markets around the world, making it the world's fifth 
   largest insurance group based on gross worldwide premiums at 31 December 
   2006.

•  Aviva's principal business activities are long-term savings, fund management 
   and general insurance, with worldwide total sales of £41.5 billion and assets 
   under management of £364 billion at 31 December 2006.


Delta Lloyd Group

•  Aviva's Dutch business, Delta Lloyd has operations in the Netherlands, 
   Germany and Belgium. In 2006 the group achieved total income of over €8 
   billion with over 6,400 employees. Delta Lloyd Group has 700,000 health
   insurance customers.


CZ

•  CZ is a mutual health insurer with 2.6 million customers and over 2,600 
   employees. The turnover of CZ was €4.3 billion at 31 December 2006, excluding
   the implementation of the Exceptional Medical Expenses Act.




                      This information is provided by RNS
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