Overview of Life Insurance Risk Market Inflows & Sales: 12 months to December 2015
The Life Insurance Risk Market is comprised of both Individual Risk Lump Sum & Risk Income Insurances plus Group Risk Insurance.
Overall Risk Inflows continued to climb during the 2015 calendar year but at slower rate than in the past, up a further 6.6%. All the leading companies experienced increases in their Risk business led by TAL (19.3%), BT / Westpac (13.4%), MetLife (11.7%), OnePath (10.6%) and AIA (10.5%).
Despite New Premium Sales actually falling in total by 9.0% year on year, MetLife (25.3%), TAL (14.4%) and OnePath (11.5%) still managed to record double digit percentage increases in their annual Risk sales.