Inflows into the Lump Sum sub-market grew by 5.5% with most companies reporting at least some increase in business. Among the market leaders, AIA (16.0%), BT / Westpac (9.0%) and TAL (7.4%) experienced the highest percentage increases in their Inflows year on year.
Risk Income Inflows increased 6.2% over the past year. Among the better performers in percentage terms were BT / Westpac (17.3%), AIA (15.0%) and TAL (12.4%).
Overall Group Risk Premium Inflows were up 8.0%. Of the larger companies, TAL (26.7%, mainly due to being awarded the CBUS insurance mandate), OnePath (19.1%) and CommInsure (13.2%) recorded well above-average percentage increases in their annual Group Risk Inflows.
Download Media Release: PFL Media Release Risk Market 1215