mynewireland Login PSOL Login Master Trust
HomeNews itemsNew Ireland announces growth in market share

New Ireland announces growth in market share

New Ireland has today announced further growth in its assurance business with the company’s market share of 2011 new business exceeding 22%.  This represents an increase of 1.5% over the previous year. 

Speaking at the announcement, Sean Casey, Managing Director of New Ireland Assurance, said “We are very pleased with progress during 2011. Our commitment to improving our business for customers continues. This takes many forms, including the launch of our range of lower risk investment funds, designed to protect customers investments.  In addition, our Life Choice protection contract provides the most extensive range of protection cover in the Irish market today.  These are clear examples of progress and it is great to see a positive customer response.”

The company’s sales in 2011 were made up of over €1 billion in new single premium business and €105 million in new regular premium business.  New business has been maintained at 2010 levels in a market that has fallen by 8%*.  

*Source Milliman New Business Statistics December 2011.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Technical Issues

We’re experiencing technical difficulties and that means your call may not get through to the right team. As a result you may be on hold longer than we would like. We are working hard to fix this and suggest you call us back later. You can continue to contact us by email, you can get the right email address for you by clicking here.