BoI Life sales up 17% to €280m

BANK of Ireland Life, the retail life and pensions provider, boosted sales in 2002 by 17%.

Based on the industry measure of the Annual Premium Equivalent the Bank of Ireland subsidiary, which includes New Ireland, achieved new business sales of €280 million.

In pensions, the group’s dominant position is reflected in the 36% boost to regular premium business at 10m.