Royal London Ireland life and pension sales hit €569m

The results showed the company holds over 30% share of the Irish broker life insurance market

Royal London Ireland chief executive Noel Freeley.

Insurer Royal London Ireland saw life and pension sales jump 60% to €569m, the company announced in its 2025 annual results, announced on Tuesday. 

The results showed the compnay holds over 30% share of the Irish broker life insurance market as life and pension sales jumped from €351.8m a year previously. Operating profits increased to €19.8m from €11.7m in 2024. This contributed to the overall Royal London Group’s operating profit growing 18% to £327m (€375m) from £277m (€318m) a year previously.

In the year, Royal London Ireland paid 99% of all protection claims, totalling €58m3.

“2025 was another successful year for Royal London Ireland. We achieved over 60% growth in new business sales to €569m and an operating profit of €19.8m. This reflects the quality of our products and service across life and pensions, particularly our Personal Retirement Savings Account (PRSA) which we launched at the end of 2024,” said Royal London Ireland chief executive Noel Freeley.    

Mr Freeley said the company maintained our leading position in the Irish broker life insurance market with sales of €236m.

Royal London Ireland is owned by The Royal London Mutual Insurance Society Limited, the UK’s largest mutual life insurance, pensions, and investment company, and in the top 30 mutuals globally, with assets under management of €228bn, and 8.5m policies in force, and over 5,000 employees.