Scottish Life and Scottish Provident subsidiary Bright Grey lead growth charge
New business from Scottish Life rose by four per cent to s2.25 billion while Scottish Provident subsidiary Bright Grey saw new business rise 17 per cent to s393 million.
Scottish Life reported its third straight year of record new business, with 2011 figures up 48 percent on 2008 figures.
Leading the growth was sales in group pensions, up 48 per cent on a year ago.
Royal London 360 reported new business growth of 21 per cent for the year to s398 million.
The UK's largest mutual life and pensions company, with s46.2 billion of funds under management, said it saw growth across all of its providers, with the exception of Royal London Asset Management (RLAM)
Net new business from RLAM dropped 67 per cent to s397 million against s1.13 billion a year earlier.
This compares with figures from wealth management wrap platform Ascentric, which saw new assets under administration rise by eight per cent to s1.3 billion against s1.2 billion a year earlier.
Phil Loney, Royal London's group chief executive, said: "2011 has been a very challenging year as austerity measures in the UK continue to bite and the economic backdrop remains difficult.
"I am therefore pleased to report an increase in new business for the year, with all our operating businesses performing well.
"This reflects our focus on providing quality products and excellent service.
"Our protection businesses and Royal London 360Ì have delivered double digit growth; Scottish Life and Ascentric have built on their considerable achievements of the past few years; and RLAM has once again delivered positive net new business, which is commendable in the current environment.
"Our plans assume that market conditions will remain uncertain and difficult in 2012, but we remain focussed on delivering good performance, in terms of both new business and financial results."
Royal London has around million customers and the group employs 2,940 people.