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Eagle Star sales rose 23% last year

New business at life and pensions group Eagle Star grew by 23% last year, according to figures from its parent company Zurich Financial Services.

Total sales, according to the standard industry measure called APE, were up €122.7m. Pensions sales were 25% higher at €83.3m, while life sales grew by 18% to €39.5m.

The company said new single premiums were the strongest performers, increasing by 45% to €411m, reflecting the success of a number of new unit-linked funds launched in 2005.