- Present Value of New Business Premiums: €569m (2024: €351.8m)
- Operating Profit: €19.8m (2024: €11.7m)
- Royal London Ireland retains number one position in the broker life insurance market
Royal London Ireland, one of the leading life insurance and pensions companies in Ireland and a subsidiary of UK-based mutual, Royal London1, has announced its 2025 annual results.
Building on its continued growth, in 2025 Royal London Ireland recorded life and pension sales of €569m (2024: €351.8m), as well as holding a 30.2%2 share of the Irish broker life insurance market, maintaining its market leading position. In the year, it also paid 99% of all protection claims, totalling €58m3.
The success of the business across both the Life Insurance and Pensions product lines has resulted in operating profit4 increasing to €19.8m (2024: €11.7m) in 2025. This contributed to the Royal London Group’s operating profit growth of 18% to £327m in 2025 (2024: £277m).
Commenting on the results, Noel Freeley, CEO of Royal London Ireland, said:
“2025 was another successful year for Royal London Ireland. Because of our unrelenting focus on providing the best customer service, 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.”
Giving Back
Royal London Ireland’s pensions proposition includes a unique feature called ValueShare, exclusive to its pension customers. ValueShare offers an additional savings boost added to eligible customers’ fund returns5.
It reflects the company’s ongoing commitment to share some of its profits with eligible customers, helping to enhance the long-term value of their pension savings.
Mr. Freeley explained,
“We're owned by the largest mutual life, pensions and investment company in the UK and so, when we do well, we can share some of that success with customers. In April 2025, we shared an extra €152, on average, with each eligible customer through ValueShare. And we will be making our fourth ValueShare award in a row this month, which means we can add a boost to eligible pension customers’ policies, on top of their investment returns.”
Working with Brokers
Recognising its strong reputation with Financial Brokers, Royal London Ireland maintained its award-winning position as the Overall Financial Services Excellence provider6. It was also awarded its eight consecutive win for service, and its customer reviews are consistently 4.9 out of five7.
Mr. Freeley continued,
“Our financial results were matched by continued recognition for our service excellence and our overall proposition with numerous awards, including for the fourth consecutive year, the Overall Financial Services Excellence award from Brokers Ireland. We also proudly scored 4.9 out of 5 from over 2,800 reviews on Trustpilot.
We are firm believers in the value of advice and that impartial financial advice is key to customers achieving the best outcomes. That’s why our products are only available through Financial Brokers.
"In 2025, we maintained our leading position in the broker life insurance market with sales of €236m. Royal London Ireland’s 2025 results are testament to the strength of our reputation within the broker community for delivering excellent service and great value.
"This performance underlines our focus on helping customers and their families to protect themselves and build their financial resilience.”
Mr Freeley concluded,
“Looking ahead in 2026, we remain dedicated to delivering the best service for customers and brokers and advocating the benefits of impartial financial advice.”
Footnotes
- The Royal London Mutual Insurance Society Limited, the UK’s largest mutual life, pensions and investment company.
- Royal London Ireland analysis of Irish Protection “Life Insurance” Market – Full Year 2025.
- Claims figure includes Term Assurance, Whole of Life, Terminal Illness, Specified Serious Illness, Income Protection and Multi-Claim Protection Cover.
- Operating profit before tax is a performance measure that excludes economic assumption changes, ValueShare, tax and one-off items of an unusual nature that are not related to the underlying trading of the Company.
- There is no guarantee that ValueShare will be awarded each year. Any past ValueShare awards are not a guide to future ValueShare awards.
- Royal London Ireland received the Brokers Ireland Overall Financial Services Award in 2025, 2024, 2023 and 2022.
- As of 8 April 2026, Royal London Ireland has a score of 4.9 out of five based on 2,824 customer reviews on Trustpilot.
About Royal London Ireland
Royal London Ireland has a history of protecting its policyholders and their families, and it is committed to continue to do so for a long time to come. Our heritage in Ireland is 190 years starting when the Caledonian Insurance Company's first office opened on York Street, Dublin 2 in 1834. Today, 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 €228 billion, 8.5 million policies in force, and over 5,000 employees. Figures quoted are as at 31 December 2025.
Royal London Ireland’s office is based at 47-49 St Stephen’s Green, Dublin 2.
*Based on total 2022 premium income. ICMIF Global 500, 2024