Friends Provident has reported a dramatic £333m increase in new business.
First quarter results to March 31, 1999 show a 125 per cent increase to £600m from £267m for the same period of 1998.
Single premium business brought the greatest rise of 139 per cent to £561m from £235m for last year, while annual business grew 22 per cent.
Much of the increase has come from the revamp of its annuity business.
Single premium group business which includes annuities has seen the most dramatic rise to £255.2m from £45.5m in 1998.