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Showing 21 - 27 of 27 results for "Individual Disability Income Insurance"

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... lump sum ($649m), group lump sum ($185m), group disability income insurance ($86m) and individual disability income insurance (-$74m). A separate report from KPMG shows the industry continues to grow steadily, with gross policy revenue increasing by ...

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... contributed $216 million (this was partially offset by net loss after tax of $60 million from the individual disability income insurance product group.) The industry reported after-tax profit of $2.4 billion, up 5.6% year-on-year. Total life insurance ...

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... contributing $698 million, followed by group lump sum risk products of $191 million. Meanwhile, individual disability income insurance continued to be unprofitable for life insurers, reporting a $368 million loss for the financial year. The sector as ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... ($771m), group lump sum risk products ($265m), and group disability income insurance ($79m). Individual disability income insurance however, made a loss of $427 million during the year. During the March quarter, insurers' policy revenue declined significantly ...

Life insurance revenues down

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
... contributed $194 million and group lump sum products brought in $13 million, both group and individual disability income insurance products both suffered losses, contributing -$14 million and -$45 million respectively. On the whole, life insurers' total ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... after tax for the year was $1.4 billion. Individual lump sum risk contributed $1.3 billion, individual disability income insurance -$381 million, group lump sum risk $468 million, and group disability income insurance -$24 million.

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
... in the December quarter 2015, with Individual Lump Sum Risk contributing $190.4 million, Individual Disability Income Insurance contributing $18.4 million, Group Lump Sum Risk contributing $110.1 million and Group Disability Income Insurance contributing ...
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