Zurich Life has said its new business in Ireland grew by 6% for the first nine months of this year.
Zurich said its new Irish business grew very strongly in the nine months up to 30 September, increasing by 6% to €129.4m. It said the average market fall for that time was 5%.
Pensions increased by 3% to €100.5m, giving the company a market share of 12%, it said.
Zurich's life assurance division increased by 17% to €29m, this is compared to an average market rise of 10%.
Zurich Life said it had seen its total market share grow to 18% over the first nine months of the year, compared to 16% at the end of 2009.
It said demand for personal retirement savings accounts (PRSA) and approved retirement funds (ARF) contributed to the strong performance. Zurich said it achieved a 43% share of the PRSA market for the first nine months of the year.
It also said it had recorded strong growth in cross border trade.
