Commercial Union's life and pension profits rose by 10 per cent for the first nine months of 1997 to £196m from £178m in the same period last year.
New life business rose by 7.5 per cent to £42.6m from £39.6m on an equivalent premium income basis.
The company's pension business leapt by 40 per cent to £25.3m from £18m.
The company, which has £60bn under management, says strong performance in single-premium life and pension business, which rose by 23 per cent to £322m from £261m, was helped by strong sales of single-premium pensions and its Premier Investment Bond.
CU's new investment business, including unit trusts, Peps and Ucits, increased by 40 per cent from £165m to £231m.
Chief executive John Carter says: "The group's future prospects are underpinned by our strategy of developing our worldwide life and sav-ings businesses."