News Life and Health30 May 2022

Australia:Life insurance sector posts after-tax profit of over US$700m in 12 months to 31 Mar

| 30 May 2022

The life insurance industry in Australia posted a net profit after tax for the industry was A$1.0bn ($716m) for the year ended 31 March 2022, driven by a stable result in premium revenue, with falls in investment revenue offset by a 25% decrease in total expenses, says the Australian Prudential Regulation Authority (APRA).

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review