General Insurance Industry Review 2018 | KPMG | AU
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General Insurance Industry Review 2018

General Insurance Industry Review 2018

The 2018 report includes financial results of general insurers in the Australian market.

The 2018 report includes financial results of general insurers in the Australian market.

KPMG's annual General Insurance Industry Review includes the financial results of all Australian general insurers up to 30 June 2018.

Insurance profit for the year ended 30 June 2018 was up 4 percent to $5,010 million, a further improvement on the previous year’s strong result. Favourable net perils experience and higher than expected reserve releases contributed to this result. This is line with our prediction last year as the industry benefits from the long awaited upswing in the insurance cycle.

In our annual General Insurance Industry Review report we focus on the key drivers, events, trends and factors that influenced the performance of the general insurance industry throughout 2018.

We continue to see a number of emerging trends that will impact the industry in both the short and long term. These trends are largely split between those driven by technological advances and those impacted by regulatory developments. We highlight our views on what are the top 10 trends that will shape and influence the industry in 2019 and beyond and offer pragmatic advice on how best to deal with these current and emerging themes.

The KPMG General Insurance Insights Dashboard has been enhanced in the current year and contains a range of interactive charts and graphs presenting the key industry metrics for the past 5 years. The interactive dashboard enables the data to be filtered to view the metrics for a particular year or insurer. It also enables comparison of metrics for an individual insurer to others in the market.


Download the full report (PDF 1.3MB)
Read our media release

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