Eagle Star grows premium business

Eagle Star has reported a 42 per cent increase in new annual premium business to £23.6 million (#30 million) in the first half of 2001. During the sixmonth period, the company also achieved strong growth in new single premium business, which increased by 16 per cent to £88 million. Eagle Star's annual premium equivalent, the industry norm for measuring growth which adds 10 per cent of single premium income to new annual premium income, increased by 34 per cent to £32.4 million.