Value of life insurance direct premiums Australia FY 2016-2023

Published by Statista Research Department, Apr 3, 2024
In the financial year 2023, the value of life insurance direct premiums in Australia was around 18.6 billion Australian dollars. This marked a decrease from the previous fiscal year, in which the life insurance direct premiums value was around 17.85 billion Australian dollars.

Value of life insurance direct premiums in Australia from financial year 2016 to 2023 (in billion Australian dollars)

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Release date

October 2023

Region

Australia

Survey time period

FY 2016 to FY 2023

Supplementary notes

Australia's financial year runs from July 1 to June 30; for example, financial year 2020 starts on July 1, 2019 and ends on June 30, 2020.

Values have been rounded.

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