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Showing 1 - 8 of 8 results for "Group Lump Sum Risk"

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... Group disability income insurance reported revenue of $732 million, which is 4% lower year on year. Meanwhile, group lump sum risk made $1.4 billion in revenues and individual lump sum risk, which earned $2.2 billion, which were relatively stable over ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... and year on year. Group disability income insurance made $697 million in revenues for the period. Meanwhile, group lump sum risk made $1.4 billion in revenues, up 8% quarter on quarter. Individual lump sum risk, which earned $2.2 billion, was stable ...

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... property ($9.6bn). For risk products, individual lump sum risk contributed $1.1 billion to net profit after tax; group lump sum risk products meanwhile earned $273 million; group disability income insurance contributed $216 million (this was partially ...

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... products continued to be life insurers' highest earning business line 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 ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... contributed $688 million in net profit after tax. This comprises: individual lump sum risk products ($771m), group lump sum risk products ($265m), and group disability income insurance ($79m). Individual disability income insurance however, made a loss ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... 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
... 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 $20.2 million. In the year ending December ...

Life insurers must address group risk schemes: APRA

DARREN SNYDER  |  FRIDAY, 6 NOV 2015
... group risk schemes. In APRA's 2015 Annual Report released this week, the regulator outlined that although the group lump sum risk business - in particular total and permanent disability (TPD) insurance - had "significantly improved financial results ...
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