News Non-Life05 Jun 2020

Australia:General insurance sector posts 57% plunge in profit after tax in year to Mar 2020

05 Jun 2020

The general insurance industry in Australia posted net profit after tax of A$1.5bn ($1.04bn) and return on net assets of 5.7% for the year to 31 March 2020, according to the latest Quarterly General Insurance Performance Statistics publication released last week by the Australian Prudential Regulation Authority (APRA).

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