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Group risk shows growth
The group risk sector is continuing to exhibit growth, albeit that Total and Permanent Disability (TPD) continues to be problematic, according to the latest data released by DEXX&R.
The DEXX&R data revealed that total In-force Group Risk business increased by 16 per cent to $5.4 billion at March 2015, up from $4.7 billion in March the previous year.
It said the companies that recorded double digit increases in In-Force Group Business over the 12 months to March 2015 included AIA Australia up 22 per cent ($259 million) to $1.4 billion, CommInsure up 23 per cent ($141 million) to $748 million, MetLife up 14 per cent to $543 million, and MLC up 21 per cent $513 million.
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
