Isle of Man-based Royal London 360° sees growing popularity in single premium bonds and UK offshore wrap partnerships
Royal London 360° is bucking the economic trend with strong sales figures during the first six months of 2011. The Isle of Man-based offshore life company wrote £209m of new business between 1 January and 30 June, compared with £153m in 2010. The rise represents an increase of 37% on a PVNBP* basis. Royal London 360° attributes growth to a number of factors, including the popularity of its new single premium investment bond, Oracle, launched in April this year. In addition, sales of the regular premium savings product, Quantum, and the international single premium portfolio bond, PI...
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