Monday, 13 April 2015

RL360° achieves 31% growth in 2014.

RL360°’s first full calendar year since its management-led buyout delivered 31% growth in new business across the board.

In total, sales in PVNBP terms hit £591m in 2014, up from 2013’s year end figure of £452m.

The results (PVNBP*) for 2014 also reveal confidence is returning to the Single Premium market, with sales up from £332m in 2013 to £450m in 2014, a 36% increase.

Regular Premium (RP) sales were strong too, up 18% from £119m in 2013 to £141m last year. The Far East was by far the biggest region for RP, with almost half of the sales coming from that region.

The company was in the envious position of having all of its 5 key regions hit revenue target and finishing the year strongly.