Total new business premiums at Hibernian Life & Pensions rose by 21% to £523m sterling last year, with pension sales up 81% to £174m.
Single premium sales were up 20%, while regular premium grew by 31%. On an Annual Premium Equivalent basis, sales increased by 26% to £102m.
Sales of its with profit Celebration Bond grew by 62% to £255m, with the company saying this reflected the popularity of this form of investment in the current volatile equity markets.
Sales of the Government's special savings accounts, SSIAs, contributed £14m and this is expected to increase strongly as the closing date of April 30 approaches.
Hibernian is owned by British insurer CGNU, which beat forecasts with a 12% rise in worldwide life and pensions sales to £2.5bn. The result was boosted by 30% growth in the UK.
