Hibernian Life and Pensions has reported a 9% increase in sales to €125.6m for last year.
The company benefited from strong single premium pension sales throughout 2004 and increased sales of savings products in the final quarter of last year.
Single premium pension sales were 11% higher at €218m, while regular premium pension sales grew by 7% to €70m.
Life regular premium sales moved up 14% to €25.8m, boosted by additional SSIA contributions. Life single premium sales were up 7% to €78.7m.
A statement from Hibernian's parent company Aviva said, however, that investors were still cautious, and there was lower demand for unit-linked and with-profit products.