Total risk market remains steady in March

New figures from Strategic Insight show total risk business held firm at $16.3 billion over the year ending March.

The figures show individual risk inflows into the lump sum sub-market fell 0.7 per cent over the past year with mixed company-level results.

Among the market leaders, AIA (9.4 per cent), Zurich (4.7 per cent) and TAL (1.7 per cent) experienced the highest percentage increases in their inflows, with smaller players such as ClearView (10.4 per cent) also reported significant growth.

Strategic Insight noted in its results that that Suncorp merged into TAL Group during the quarter.

Source: Risk Adviser