News Life and Health06 Sep 2023

Australia:Life market more than doubles after-tax profit in FY2023

| 06 Sep 2023

The life insurance market in Australia reported a net profit after tax of A$1.2bn ($765m) for the year ended 30 June 2023 (FY2023) ,136% higher than for FY2022, according to statistics released by the Australian Prudential Regulation Authority (APRA).

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