Aegon's protection business 'thrived' this quarter with earnings in Q3 2014 from the protection business up 30% on 2013's year-to-date figure.
Meanwhile, across the UK business which includes pensions, the insurer revealed that its earnings before tax "continued to be strong" with Q3 earnings up 13% to £22 million on Q3 in 2013.
This performance has been driven by better persistency, Aegon said.
Its platform, which was launched in 2012, was recently recognised by Platforum as "fastest growing platform" and reached £2.4bn assets under management this quarter.
Aegon said its expects to see continued growth of the platform business as the new pension flexibilities are introduced by the government enabling customers to have more freedom and choice with what they can do with their pension savings from April 2015.
Aegon also acquired 59,000 new customers this quarter, 10,000 more that in the previous quarter. This could be attributed to the ongoing attraction of the platform as well as the success of Aegon's auto-enrolment programme, which staged a further 97 new schemes this quarter, it said.
Adrian Grace, CEO of Aegon UK said: "We expect demand for guaranteed products, income drawdown and our platform across our three core channels of workplace, advisers and non-advised to continue to increase over the next few years and we are already now well established with clear propositions in each of these areas."
