Total Risk Market Inflows up 5.5% over the year from $14.9bn to $15.7bn

Inflows into the Lump Sum sub-market grew by 4.7% with most companies reporting at least some increase in business.  Among the market leaders, AIA (17.3%), BT / Westpac (7.6%) and TAL (7.0%) experienced the highest percentage increases in their Inflows year on year.

Risk Income Inflows increased 6.9% over the past year.  Among the better performers in percentage terms were BT / Westpac (18.4%), AIA (17.6%) and TAL (12.3%).

Overall Group Risk Premium Inflows were up 5.7%.  Of the larger companies, TAL (27.1%, mainly due to being awarded the CBUS insurance mandate), OnePath (14.7%) and AIA (14.0%) recorded well above-average percentage increases in their annual Group Risk Inflows.

Source: Strategic Insight (Plan For Life)

Download Media Release: PFL SI Media Release Risk 616