News Life and Health29 Aug 2022

Australia:Investment losses hit profits of private health insurance market in the year to June 2022

| 29 Aug 2022

Australia's private health insurance (PHI) industry has posted a 28.0% fall in net profit after tax for the year to June 2022, to A$1.1bn ($757m), compared to the year ended 30 June 2021, according to statistics released last week by the Australian Prudential Regulation Authority (APRA).

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