TAL continues to build its life insurance market lead over AMP, according to the latest premium inflow figures from Plan For Life.

In the year to March 31 TAL had a $330 million lead over AMP, up from a $327 million advantage a year earlier and $191 million in 2012/13.

TAL’s total premium inflow was $2.2 billion for the year, up from $2.1 billion the previous year and $1.5 billion in 2012/13.

AMP’s total premium inflow for the year to March 31 was $1.9 billion, up from $1.8 billion and $1.7 billion in previous years.

AIA is hot on AMP’s heels, with premium inflows of $1.8 billion, up from $1.5 billion and $1.3 billion.

MLC and CommInsure have fallen foul of the fight for premium – their market shares have been flat for the past three years.

AIA was the fastest-expanding insurer in the year to March 31, with inflow growth of 20%. TAL reported inflow growth of 4.8% and AMP 5.5%.

Other insurers with double-digit inflow growth were BT (13.7%), MetLife (15%) and Zurich (17.5%).