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 
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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:
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