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Showing 1 - 10 of 10 results for "Individual Lump Sum Risk"

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... 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 the quarter and much of the past 12 months. APRA began shaking ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... 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 over the quarter and much of the past 12 months. About five years ago, APRA feared ...

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... debt securities ($14.2bn); 14.7% in equities ($5.2bn); and 5.3% in 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 ...

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... risk products' bottom line of $673 million after reporting modest earnings to losses in prior years. Individual lump sum risk products continued to be life insurers' highest earning business line contributing $698 million, followed by group lump sum ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... report said. Product group performance 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 ...

Life insurance revenues down

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
... also took a dive, down 12.8% year on year to $2.6 billion, $148 million for the September quarter. While individual lump sum risk products contributed $194 million and group lump sum products brought in $13 million, both group and individual disability ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... billion. In terms of life risk product performance, net profit 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 ...

Group risk business climbs as individual sales fall

ALEX BURKE  |  THURSDAY, 2 JUN 2016
... to be a tough year for sales in the individual lump sum market." In the 12 months to March 2016, the individual lump sum risk market wrote $1.28 billion in new business, down on the $1.3 billion recorded in the year to March 2015. Group risk, meanwhile ...

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... products. Based on the March quarter stats, net profit after tax for these products was $378 million; and individual lump sum risk contributed the majority of this at $361 million. There was improvement in results for individual (non-super) disability ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
... product type, net profit after tax for Risk products was $339 million 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 ...
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