The Quarterly General Insurance Performance Statistics publication provides industry aggregate summaries of financial performance, financial position, capital adequacy and key ratios. The publication also includes detailed statistics at a class-of-business level, a breakdown of operating income and expenses, and more granular solvency information.
Key performance statistics for the general insurance industry in the year ended 31 March:
| March 2020 | March 2021 | Change (annual) | |
| Gross claims expense | $42.4bn | $41.5bn | -1.9% |
| Underwriting result | $1.5bn | $1.6bn | +6.0% |
| Investment income | $2.0bn | $1.6bn | -20.8% |
| Net profit after tax | $1.5bn | $1.1bn | -28.3% |
Key performance statistics for the general insurance industry in the quarter ended 31 March:
| December 2020 | March 2021 | Change (quarterly) | |
| Gross claims expense | $14.7bn | $9.4bn | -36.0% |
| Underwriting result | -$1.1bn | $657m | |
| Investment income | $504m | -$246m | |
| Net profit after tax | -$622m | $19m |
Key ratios for the general insurance industry:
| March 2020 | March 2021 | Change (annual) | Change (quarterly) | |
| Net loss ratio | 71% | 71% | Unchanged | -17 percentage points |
| Return on net assets | 5.6% | 3.9% | -1.7 percentage points | +8.9 percentage points |
| Prescribed capital amount coverage ratio | 1.66x | 1.71x | +0.05x | +0.01x |
Copies of the 31 March 2021 quarterly publications are available on APRA’s website at: Quarterly general insurance statistics.