Australia post strong June 2025 profit surge across life, general insurance markets
Growth in the life insurance sector was significantly higher than the general market.
Australia’s general and life insurance markets both recorded a year-on-year (YoY) surge of 49.7% and 210.3%, accordingly, data from the Australian Prudential Regulation Authority’s website showed.
The general market bagged $1.50b (A$2.31b) in earnings, whilst the life segment recorded $234.0m (A$360m).
Insurance revenue for the general insurance market stood at $12.8b (A$19.7b), up 6.0% YoY. Meanwhile, the life insurance market marginally increased by 0.8% YoY.
($1.00 = A$1.53)