Total Risk Market Inflows up 1.8% over the year from $16.1bn to $16.4bn
/Total Risk Market Inflows up 1.8% over the year from $16.1bn to $16.4bn
Read MoreLatest media releases covering Australia Retail and Wholesale, Investments and Superannuation, ETFs, Life Insurance, Risk Markets and NZ Kiwisaver.
Total Risk Market Inflows up 1.8% over the year from $16.1bn to $16.4bn
Read MoreKiwiSaver Funds Under Management at June 2018
Read MoreLife Insurance Risk Market Inflows up 2.3% over past year from $15.9bn to $16.3bn
Read MoreNew Zealand Retail Managed Funds increase NZ$0.6bn during March Quarter 2018
Read MorePlatforms Rise $58.7bn in Funds Under Management over the year to March 2018
Read More$6.1bn Decrease in Wholesale Funds during March Quarter 2018
Read More$12.5bn Decrease in Retail Managed Funds during March Quarter 2018
Read MoreTotal Risk Market Inflows up 2.2% over the year from $15.9bn to $16.3bn
Read MoreKiwiSaver Funds Under Management at March 2018
Read MoreDuring 2017 Life Insurance Risk Market Inflows up 2.6% from $15.9bn to $16.3bn
Read MoreTotal Risk Market Inflows up 2.6% over the year from $15.9bn to $16.3bn
Read MoreNew Zealand Retail Managed Funds jump NZ$4.3bn during December Quarter 2017
Read MoreTAL winner of Life Company of the Year Awards 2017
Read MorePlatforms Rise $87.5bn in Funds Under Management during 2017
Read More$34.4bn Growth in Wholesale Funds during December Quarter 2017
Read More$50.8bn Growth in Retail Managed Funds during December Quarter 2017
Read MoreStrategic Insight has released new research and analysis covering Individual Risk Market: 10 Year Review 2007 - 2017.
We have considered the latest market conditions and show the impact on market share of impending company takeovers to occur during 2018.
"The six largest Life Insurers in the Individual Risk market will expand from holding just over 74% of Inforce Premiums, to hold almost 88% of the market," said Rael Solomon, Regional Managing Director.
There are clear trends to be seen when analysing Inforce Premium market growth rates, with long-term compound annual growth rates (CAGR) falling from 8.6% over the past 10 years to 6.2% over 5 years and annual growth over the past year only 3.4%.
A clearer picture of growth in real terms can be derived by analysing changes in Life Insurer market share over the past 10 years, where there were clear winners in AIA (up 4% market share), BT/Westpac (up 3.8%), Zurich (up 3.3%, partly due to Macquarie) and TAL (up 2.1%).
Demographics of gender and smoking status show that the proportion of smokers has fallen from 12.7% to 11.0% of Inforce Premiums (the drop more marked in Males), while the proportion of Females has fallen slightly from 27.1% to 26.9% in a market dominated by the Male Non-Smoker.
Distribution by state based on Inforce Premiums, show that the market is dominated by NSW, Victoria and Queensland, holding 77% of all premiums, which has slowly but steadily grown over the past 10 years. State Market Shares have not changed greatly, although Queensland and WA have shown a clear upward trend.
KiwiSaver Funds Under Management at December 2017
Read MoreLife Insurance Risk Market Inflows up 2.5% over the year from $15.8bn to $16.2bn
Read MoreTotal Risk Market Inflows up 2.4% over the year from $15.8bn to $16.2bn
Read MoreLeading financial services researcher covering Managed Funds, Retirement and Life Insurance in Australia.
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