Zurich Financial Services has announced its new life and investment business was £3.8bn in 2001, up 3% on the previous year.
New business premiums on an annual premium equivalent basis were up 2% to £692m.
The company saw solid growth in its pensions, mortgages and life insurance new business.
Zurich chief executive for life business Ray Greenshields said: "For Zurich this was a year of transformation in the UK. We reorganised our business to ensure Zurich is fully focused on the customer and implemented significant cost savings across all our operations."