Individual Risk Lump Sum Premium Inflows
Inflows into the Lump Sum sub-market grew by 7.0% with most companies reporting increases in business. Among the market leaders, TAL (7.1%) and OnePath (5.5%) experienced the highest percentage increases in their Inflows year on year.
Individual Risk Income Premium Inflows
Risk Income Inflows increased 6.8% over the past year. Among the better performers in percentage terms were TAL (12.8%) and OnePath (11.5%).
Group Risk Premium Inflows
Overall Group Risk Premium Inflows were up 24.1%. Of the larger companies, MetLife (113.8%) and TAL (39.4%), recorded well above average percentage increases in their annual Group Risk Inflows, due to Super Fund Insurance mandate movements and pricing increases.