Life insurance risk market Inflows up 12.9% over the year from $12.4bn to $14.0bn

Risk Premium Inflows increased 12.9% year on year. MetLife (105.1%), AIA Australia (28.6%), TAL (24.9%) and BT / Westpac (16.7%) recorded the highest percentage growth rates.

Overall annual Sales in the Risk market jumped 19.7%. Again MetLife (389.1%), AIA (53.1%), TAL (50.8%) and BT / Westpac (9.6%) achieved the best results while CommInsure (-10.9%) reported a decrease in its Risk Sales year on year.

The Life Insurance Risk Market is comprised of both Individual Risk Lump Sum & Risk Income Insurances plus Group Risk Insurance.

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