Total Risk Market Inflows up 2.6% over the year from $15.9bn to $16.3bn

Inflows into the Lump Sum sub-market grew by 2.5% with mostly positive company-level results. Among the market leaders, TAL (6.5%), Zurich (2.9%) and MLC (2.9%) experienced the highest percentage increases in their Inflows, with smaller players such as ClearView (16.4%) and AIA (11.5%) also reporting impressive growth.

Risk Income Inflows experienced slightly higher growth than the Lump Sum market, up 3.5% over the past year. Among the better performers in percentage terms were TAL (12.5%) and AIA (8.2%).

Overall Group Risk Premium Inflows experienced 2.3% growth over the past year, although individual company results varied significantly. Of the larger companies, MetLife (17.9%), AIA (9.1%) and TAL (8.5%) recorded well above-average percentage increases in their annual Group Risk Inflows. It should be noted that part of the growth for all three of these companies was due to being awarded significant super fund insurance mandates during the year.

Source:  Strategic Insight (Plan For Life)

Download Media Release:  SI_PFL_Media_Release_Risk_1217