MLC Life Insurance wins Health & Wellness Overall Excellence Award 2022
/MLC Life Insurance wins Health & Wellness Overall Excellence Award 2022
Read MoreTAL wins Direct Life Insurance Overall Excellence Award 2022
/TAL wins Direct Life Insurance Overall Excellence Award 2022
Read MoreDirect Life Insurance Market Update 2022
/Direct Life Insurance Market Update 2022
Read MoreRisk Market Inflows rose by 5.0% over the year from $16.8bn to $17.6bn
/Risk Market Inflows rose by 5.0% over the year from $16.8bn to $17.6bn
Read MoreTotal Risk Market Inflows up 5.0% over the year from $16.8bn to $17.6bn
/Total Risk Market Inflows up 5.0% over the year from $16.8bn to $17.6bn
Read MoreDuring 2021 overall Life Insurance Risk Inflows increased from $16.7bn to total $17.6bn
/Risk Inflows in 2021 were up by 5.5% on those reported in 2020. Market leaders TAL (7.5%) and AIA (7.3%) both recorded above average Inflow increases. Mid-sized insurers MetLife (11.9%), QInsure (10.1%) and in particular much smaller player NobleOak (60.4%) reported double digit Inflow growth rates while the rest finished either modestly higher or little changed.
Total New Premium Sales rose just 2.2% year on year. While BT / Westpac (24.9%), TAL (24.3%) and Zurich (12.6%) reported double digit percentage increases in their Risk Sales these were offset by falls recorded by AIA (-7.5%), Resolution (-7.9%) and ClearView (-8.7%). Again NobleOak outperformed reporting a six-fold jump in its annual Risk Sales, but off a very low base.
Source: Plan For Life
Download Media Release: PFL Media Release - Risk Insurance Dec21
Total Risk Market Inflows up 4.8% over the year from $16.7bn to $17.5bn
/Total Risk Market Inflows up 4.8% over the year from $16.7bn to $17.5bn
Read MoreRisk Market Inflows rose by 5.1% over the year from $16.4bn to $17.2bn
/Risk Market Inflows rose by 5.1% over the year from $16.4bn to $17.2bn
Read MoreTotal Risk Market Inflows up 5.1% over the year from $16.4bn to $17.3bn
/Total Risk Market Inflows up 5.1% over the year from $16.4bn to $17.3bn
Read MoreRisk Inflows rose by 5.1% over the year to June from $16.1bn to $16.9bn
/Risk Inflows rose by 5.1% over the year to June from $16.1bn to $16.9bn
Read MoreGeneration Life wins Investment Bond Overall Excellence Award 2021
/Generation Life wins Investment Bond Overall Excellence Award 2021
Read MoreChallenger wins Longevity Cover Overall Excellence Award 2021
/Challenger wins Longevity Cover Overall Excellence Award 2021
Read MoreTAL Life wins Health & Wellness Overall Excellence Award 2021
/TAL Life wins Health & Wellness Overall Excellence Award 2021
Read MoreNobleOak Life wins Direct Life Insurance Overall Excellence Award 2021
/NobleOak Life wins Direct Life Insurance Overall Excellence Award 2021
Read MoreFinalists in the PFL Excellence Awards 2021 have been announced!
/The 8th Annual PFL Excellence Awards 2021 celebrate achievements and recognise excellence in product design and innovation across life insurance, investment and retirement solutions.
Read MoreTotal Risk Market Inflows up 5.1% over the year from $16.1bn to $16.9bn
/
Total Risk Market Inflows up 5.1% over the year from $16.1bn to $16.9bn
Read MoreLife Insurance Risk Market Inflows rose by 1.2% over the year from $16.5bn to $16.7bn
/Life Insurance Risk Market Inflows rose by 1.2% over the year from $16.5bn to $16.7bn
Read MoreTotal Risk Market Inflows up 1.1% over the year from $16.3bn to $16.5bn
/Total Risk Market Inflows up 1.1% over the year from $16.3bn to $16.5bn
Read MoreDuring 2020 Life Insurance Risk Inflows were little changed up just 0.8% to $16.3bn
/Risk Inflows in 2020 were similar to those in 2019, up only marginally by …
Read MoreTotal Risk Market Inflows almost unchanged over the year, up 0.5% to $16.3bn
/Total Risk Market Inflows almost unchanged over the year, up 0.5% to $16.3bn
Read More