Life and pension sales grew 28 per cent at Hibernian in 2007, according to results released by the company this morning.
The results mark the completion of the second year of trading for Hibernian Life Holdings, the joint venture with Allied Irish Banks that merged Arklife with Hibernian Life and Pensions.
Market share for Hibernian Life Holdings grew from 16.7 per cent to 17.3 per cent, excluding investment-only business.
Pension single premium sales were up 47 per cent to €645.7 million across both channels, buoyed by the launch of a number of new funds and strong performance of existing funds.
Stuart Purdy, group chief executive at Hibernian, said the results "clearly showed" the powerful impact the combination of AIB and Hibernian's life and pensions companies has had.
"The successful integration of these two organisations, the full leverage of AIB's powerful distribution network and the enhanced product range is obviously appealingto customers," he said.