Total Risk Market Inflows up 3.4% over the year from $15.4bn to $15.9bn

Inflows into the Lump Sum sub-market grew by 3.5% with most companies reporting at least some increase in business.  Among the market leaders, BT / Westpac (9.4%), TAL (7.4%) and Zurich (6.6%) experienced the highest percentage increases in their Inflows year on year.  It should be noted that Macquarie Life is now included within Zurich Group.

Risk Income Inflows increased 5.7% over the past year.  Among the better performers in percentage terms were AIA (17.7%), TAL (14.2%) and BT / Westpac (8.6%).

Overall Group Risk Premium Inflows were up 2.3%.  Of the larger companies, OnePath (13.6%), AIA (10.8%) and National Australia / MLC (9.5%) recorded well above-average percentage increases in their annual Group Risk Inflows.

Source: Strategic Insight (Plan For Life)

Download Media Release:  SI PFL Media Release Risk 1216