Profile On Australia - Insurance Premium Funding In Australia Now A $4.5-Bln Industry
Source: Asia Insurance Review | Apr 2006
Insurance premium
funding in Australia has experienced massive growth over the last 15 years.
The value of policies being funded in Australia and New Zealand has grown from
approximately A$100 million in 1991 to an estimated $4.5 billion in 2006. Mr
Peter Williams, Managing Director, Red Planet Software, looks at this billion-dollar
industry which represents about 25% of all commercial premiums and has attracted
numerous market entrants.
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