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Second largest group insurance in the United Kingdom said it will take to 200 m ￡ costs - including work reduced to Canada - unspecified amount and to provide a further ￡ 200 m of efficiencies at the end of 2012.

The company has also confirmed that it sell its Taiwanese company output from other countries without a name in a plan to focus on markets where it can produce less than 100 m of ￡ annual operating profits.

This follows the same gesture by prudential, which came out the year Taiwan last.

Andrew Moss, Chief Executive of Aviva, said: "we look to the next step in our growth, Aviva will refocus its geographical activities and further its position in its markets by strengths in life and insurance company générale.Notre UK is an excellent example of how this strategy is delivering value for our shareholders and our customers."

Announcement was made the company saw the full of life and pensions sales reach 6pc ￡ 25. 5bn in the nine months ending 30 septembre.Aviva said he remained on target to generate for. 5bn ￡ 1 in capital at the end of this year and hopes to do the same in 2011.

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