The Gazette 1983

Another impressive year at Insurance Corporation Life. Significant growth in all areas of activity is the overall result for Insurance Corporation Life over the past year. POLICYHOLDERS' FUNDS These almost doubled in 1982 from £28.7m in 1981 to over £51 m. SINGLE PREMIUM INVESTMENTS This was the strongest area of growth, with new single premium investment bonds amounting to £18.7m compared with £13.8m in 1981. INVESTMENT INCOME An increase of over 215% - £4.6m compared with £2.14m in 1981. INVESTMENT PERFORMANCE In the three years to December 31 st 1982, four of the Grobond funds were rated top place in their respective investment sectors by a number of independent investment market surveys. The Grobond funds are managed by the Investment Team of the Allied Irish Investment Bank.

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