The Isle of Man-based life company reported strong sales of Oracle, the international single-premium investment bond it unveiled in May; PIMS, a single-premium portfolio bond; and Quantum, its regular savings product.
In addition, the firm said LifePlan Split Trust – which allows UK-domiciled LifePlan policyholders to access their critical illness benefit, while ensuring that the life cover does not fall into their taxable estate for UK inheritance tax purposes – remains popular internationally.
The results built on strong performance over the first six months of the year, when the company reported a 37% jump in new business premiums, compared with the same period in 2010.
