Total risk market inflows jumped 11.7 per cent in the 12 months to December 2012, up from $10.3 billion to $11.5 billion.
AMP Group held its lead in terms of market share in both individual lump sum and individual risk income premium inflows, but the margin was narrowed as AMP experienced slower growth than most other major groups.
For individual lump sum, AMP flows were up 6.7 per cent to $981 million, NAB/MLC grew 4.6 per cent to $830 million, CommInsure flows were up 10.7 per cent to $758 million and TAL flows grew 11.2 per cent to $570 million.
Other providers grew at a greater rate with 15 per cent greater flows compared to the 12 months to December 2011, up to $1,682.2 million.
For individual income AMP's market share also shrunk slightly as 8.7 per cent growth led to $407 million in inflows while NAB/MLC also lost market share, as less than one per cent growth resulted in $386.5 million in inflows.
OnePath (14.6 per cent growth to $246 million) and TAL (17.6 per cent growth to $193.2 million) were the big movers, and CommInsure (3.9 per cent growth, $242.4 million inflows) held on to fourth place.
In terms of group risk premiums, AIA's lead (10.9 per cent growth to $947.3 million in flows) was also reduced slightly as TAL (23.3 per cent growth, $786.7 million in flows) continued its strong run.
CommInsure was the other big mover, 21.7 per cent to $533.4 million in group risk inflows.
AMP and OnePath held on to fourth and fifth places while other providers saw inflows grow by an average of 18 per cent.
