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Irish Life Health
Welcome to Ireland’s newest health Insurer, Irish Life Health. Bringing fresh options and innovation to the health insurance market.
Irish Life
Irish Life the largest life and pensions group and fund manager in Ireland, employing 2,000 people and servicing one million customers.
Irish Life Investment Managers
Managing assets in excess 39bn, ILIM manages money on behalf of multinational corporations, charities and domestics.

Irish Life reports €42 million (CAD$61 million) profit for Q3 2017

Irish Life has reported a 17% increase in profits for the third quarter of 2017, contributing €42 million (CAD$61 million) to Great West Lifeco’s earnings in the quarter. This was up from €36 million (CAD$53 million) in the same quarter in 2016.
 
Great-West Lifeco Inc., which owns Irish Life, has reported its results for the three months ended 30 September 2017. 
Commenting on Irish Life’s Q3 performance David Harney, Chief Executive, Irish Life Group noted the success of Irish Life’s Multi-Asset Portfolio Funds (MAPS), launched four years ago and now the biggest multi-asset investment fund for personal investors in Ireland.
 
"We now have over €10.8 billion invested in our multi-asset strategies including over €3.2 billion by individual investors. In the past six months, the number of individual investors in the Irish Life MAPS fund has grown by 17%, rising from 45,200 customers at the end of Q1 2017 to more than 54,000 customers currently," he said. 
 
As progress with the integration of Irish Life Health nears successful completion, with €9.8m of annualised synergies achieved to date and annual cost savings of €16 million pre-tax on track for delivery by the end of the year, health insurance customer numbers continue to increase with positive customer acquisition and retention rates in both the retail and corporate sectors. This strong performance has been supported by the launch of market leading new plans. 
 
For media queries, please contact: Sheila Gahan T: (01) 669 0030, 087 234 2409 E; sheila.gahan@ogilvy.com
 
About Irish Life:
Irish Life is one of Ireland’s leading financial services companies with over 1.3 million customers. For over 75 years, we’ve been helping people in Ireland look after their life insurance, pension and investment needs and more recently, health insurance. 
 
Since July 2013 Irish Life has been part of the Great-West Lifeco group of companies, one of the world’s leading life assurance organisations. Great-West Lifeco and its subsidiaries have approximately CAD$1.3 trillion in consolidated assets under administration and are members of the Power Financial Corporation group of companies.
 
Irish Life is committed to delivering innovative products backed by the highest standards of customer service. As part of Great-West Lifeco, we have access to experience and expertise on a global scale, so we can continuously enhance our leading range of products and services.
 
Irish Life Assurance plc is regulated by the Central Bank of Ireland.
Irish Life Health is regulated by the Central Bank of Ireland.
Irish Life Investment Managers Limited is regulated by the Central Bank of Ireland.
 

 

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