Value of insurance direct premiums Australia FY 2023, by insurance industry

Published by Statista Research Department, Apr 3, 2024
In the financial year 2023, the value of direct premiums of the general insurance industry in Australia was the highest at over 55 billion Australian dollars. The health insurance industry had the second-highest direct premium value in the same fiscal year, with a value of around 27 billion Australian dollars.

Value of insurance direct premiums in Australia in financial year 2023, by insurance industry (in billion Australian dollars)

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Release date

October 2023

Region

Australia

Survey time period

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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Overview

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General insurance

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Health insurance

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Consumer behavior

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Insurance industry in AustraliaLife insurance worldwideReinsuranceInsurance industry in the United StatesBanking industry in Australia
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