Market share stats show Fidelity Life does well
Fidelity Life saw the biggest increase of total in force annual premium out of the product providers of 4.6% in the June quarter according to the Investment Savings and Insurance Association (ISI) market share statistics.
Thursday, September 16th 2010, 12:12PM 
1 Comment
Fidelity Life increased from 80,846 total in force annual premium (risk, group) in the March quarter to 84,761 in the June quarter.
ING saw the next biggest increase of 3.9% increasing its in force annual premium by 4,849 to 121,955.
Asteron increased by 3% to 138,350 and Sovereign increased by 2.7% to 473,454.
AMP, TOWER, AXA and AIA all had increases of in force annual premium of 2% or below.
Reinsurer Hanover Life Re of Australasia, saw the most standout increase overall of a massive 36.6%.
As for overall rank, Sovereign is still the leader, with AMP remaining second and AXA third.
The only ranking that has changed is Kiwi Insurance being moved down a rank to 15 with Pinnacle Life coming in and pushing it down one.
See the June 2010 stats below:
| « NAB exit leaves door open for AXA suitors | ISI seeks feedback on improved Replacement Policy Advice » |
Special Offers
Comments from our readers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
