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Strong and Secure

Going strong for over 190 years

Royal London Ireland has a history of protecting our policy holders and their families for over 190 years, and we’re committed to continuing to do so for a long time to come. 

Old padlock and keys

Over the last few years the uncertainty experienced by financial institutions has highlighted the importance of placing your money and trust with a straightforward company you can depend upon. Thankfully, Royal London Ireland offers just that, as it’s owned by the UK’s largest mutual life, pensions and investment company.

Our parent company’s mutuality, meaning it is customer and member owned with no shareholders, allows us to adopt a mutual mindset. This means we take a longer-term view and focus on providing best customer outcomes. Whoever you are and whatever your aims, we’ll look to provide you with great long-term value, first class service and support at all times.

This means that when your Financial Broker recommends Royal London Ireland to you for your protection needs, they’re recommending cover with a company that you can be sure is committed to looking after you.

Some key facts

  • Nearly 200 years’ heritage in Ireland (previously trading as Caledonian Life)
  • Over 4,200 employees across the Royal London Group
  • €180 billion in Group assets under management
  • 8.6 million Group policies in force
  • A (Stable) Counterparty Credit Rating from Standard & Poor's (August 2023)
  • A2 (Stable) Insurance Financial Strength Rating from Moody’s  (July 2023)
  • Royal London Group paid 99.4% of all claims and over €737 million in total 2022 claims payouts*.
  • In Ireland, we paid 99% of all claims in 2022, totalling over €46 million in claims payouts.**

 

Figures, unless indicated, as at June 2023.

* Group protection figures from Royal London UK protection business and Royal London Ireland claims paid (01 January 2022 –31 December 2022). Figure includes Term Assurance, Whole of Life, Terminal Illness, Total Permanent Disability, Specified Serious Illness and Income Protection. Figure converted to euro figure from £631 million.

** Figures include Term Assurance, Whole of Life, Terminal Illness, Specified Serious Illness and Income Protection.