Total Risk Market Inflows unchanged over the year at $16.4bn

Inflows into the Lump Sum sub-market fell 1.8% over the past year with mixed company-level results. Among the market leaders, ClearView (9.1%), AIA (8.9%) and TAL (0.8%) experienced positive percentage increases in their Inflows, while the remainder reported decreases. Please note that OnePath merged into Zurich Group during the quarter.

In contrast to the falling Lump Sum market, Risk Income Inflows experienced some growth, up 0.9% over the past year. Among the better performers in percentage growth terms were ClearView (20.0%), AIA (9.3%) and Zurich (4.5%).

Overall Group Risk Premium Inflows experienced 1.6% growth over the past year, although individual company results varied significantly. Of the larger companies, MetLife (25.2%) and Zurich (7.4%) recorded the highest percentage increases in their annual Group Risk Inflows. It should be noted that individual company growth can be significantly impacted by super fund insurance mandate movements.

Source: Plan For Life

Download Media Release: PFL_Media_Release_Risk_0619