Insurer Aviva Ireland credited strong premium increases for growth in its half-year profit.
The company recorded an operating profit of €48m, which was up 12% year on year.
Its UK parent reports net written premiums here were up 12% to €256m, when compared with the first half of last year.
Aviva said this was due to both a higher volume of business and higher rates.
Private Motor delivered a current year combined operating ratio of 95%, with Aviva saying this segment of the market remains a challenging part of its business.
In its life insurance business, Avivia saw significant growth in sales of retirement products and bulk purchase annuities.
The present value of new business premiums for the first six months of the year was €574m, up from €434m in 2016.
Profit is €7m, down from €14.6 at HY 2016, but underlying profit is in line with the previous year on a like-for-like basis.
Aviva Ireland Chief Executive Officer John Quinlan said there is "significant opportunity for growth in both our life and general insurance businesses in this market. Today’s results show we are well placed to benefit from Ireland’s strengthening economic growth".
Aviva Ireland has around 1m customers and employs 1,150 people across its Irish operation in Dublin, Galway, and Cork.
