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News Non-Life08 Mar 2023

Australia:General insurers post combined US$1.5bn in net profit in 2022

| 08 Mar 2023

The general insurance industry in Australia chalked up a net profit after tax of A$2.3bn ($1.5bn) and a return on net assets of 7.2% for the year to 31 December 2022, reveal statistics released by Australian Prudential Regulation Authority (APRA).

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