More and more Australians understand importance of life insurance in their life. Life Insurance Market in Australia maintains solid and relatively stable upward growth experiencing a further 10.8% increase in annual inflows.
The best life insurance (Risk) business growth rates year on year were achieved by TOWER (33.2%), National Australia / MLC (13.4%), AMP (12.2%), ING Life (11.0%), BT / Westpac (11.0%) and AIA (10.8%).
|MLC Life Insurance||1,333.8||13.4%||15.8%|
|CommInsure Life Insurance||1,163.6||-0.9%||13.8%|
|ING Life Insurance||1,069.4||11.0%||12.7%|
|Tower Life Insurance||946.3||33.2%||11.2%|
|AMP Life Insurance||766.5||12.2%||9.1%|
|AIA Life Insurance||728.8||10.8%||8.6%|
|AXA Life Insurance||682.9||6.3%||8.1%|
|Asteron Life Insurance||661.1||5.7%||7.8%|
|Westpac Life Insurance||424.2||11.0%||5.0%|
|MetLife Life Insurance||251.4||-1.0%||3.0%|
|Macquarie Life Insurance|
|Aviva Life Insurance|
|Zurich Life Insurance|
"Media Release Life Insurance Industry Results - March 2010, Plan For Life Pty Ltd"
Please note - don't make your decision based on Life Insurance rankings by premium inflows. The biggest is not necessary the best for your situation.
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