In 2021, the net loss ratio of Insurance Australia Limited was the highest among direct large insurers in Australia at 131.27 percent. IAL is backed by Insurance Australia Group (IAG), the largest general insurer in Australia and New Zealand.
Net loss ratio of direct large insurers in Australia in 2021, by company
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Other statistics that may interest you Insurance industry in Australia
Overview
7
- Basic Statistic Financial and insurance services industry gross value added Australia 2011-2022
- Basic Statistic Value of general insurance funds under management in Australia 2016-2021
- Premium Statistic Value of insurance direct premiums Australia FY 2023, by insurance industry
- Premium Statistic Net loss ratio of direct large insurers in Australia 2021, by company
- Premium Statistic Value of foreign direct investment in finance and insurance in Australia 2017-2021
- Premium Statistic Insurance margin Australia 2017-2021
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General insurance
8
- Premium Statistic Share of general insurance gross written premium in Australia 2021, by product
- Premium Statistic Quarterly value of general insurance gross written premiums in Australia 2016-2021
- Premium Statistic Quarterly value of domestic motor vehicle insurance GWP in Australia 2016-2021
- Premium Statistic Quarterly value of homeowners and householders insurance GWP in Australia 2016-2021
- Premium Statistic Quarterly value of fire and ISR insurance GWP in Australia 2016-2021
- Premium Statistic Quarterly net loss ratio of general insurers Australia 2020-2022
- Premium Statistic Quarterly net incurred claims of general insurers Australia 2020-2022
- Premium Statistic Quarterly net profit or loss after tax general insurers Australia 2020-2022
Life insurance
5
- Basic Statistic Total life insurance funds under management in Australia 2016-2023
- Premium Statistic Value of life insurance direct premiums Australia FY 2016-2023
- Basic Statistic Assets of life insurance corporations Australia Q1 2016-Q4 2023
- Premium Statistic Leading life insurance companies Australia 2022, by revenue
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Health insurance
8
- Premium Statistic Private health insurance hospital treatment coverage in Australia 1971-2021
- Premium Statistic Share of population with general private health insurance Australia 2023, by state
- Premium Statistic Number of insured people with hospital treatment coverage in Australia FY 2012-2022
- Premium Statistic Share of population with private hospital insurance Australia 2023, by state
- Premium Statistic Non-governmental health expenditure in Australia FY 2012-2022, by source of funds
- Premium Statistic Health expenditure by private health insurance funds Australia FY 2022, by area
- Premium Statistic Private health insurance spend per person covered Australia FY 2012-2022
- Premium Statistic Share of medical health insurance benefits paid Australia Q3 2021, by service
Consumer behavior
6
- Premium Statistic Most common insurances by type in Australia 2023
- Premium Statistic Attitudes towards insurances in Australia 2023
- Premium Statistic Insurances taken out online by type in Australia 2023
- Premium Statistic Share of actions taken with household insurance Australia 2020-2021
- Premium Statistic Share of actions taken with vehicle insurance Australia 2020-2021
- Premium Statistic Leading risk and life insurance companies Australia 2021, by customer satisfaction
Further related statistics
16
- Premium income of insurance companies in Jiangsu, China 2014-2022
- Benefit payment of insurance companies in Jiangsu, China 2014-2022
- Companies on the Spanish insurance market 2011-2020
- Companies on the Romanian insurance market 2011-2019
- Leading European non-life insurance companies ranked by total assets 2019
- Technical provisions of life insurance companies in Italy 2010-2021
- Tokio Marine & Nichido Fire Insurance's net income FY 2013-2022
- Free cash flow to the holding company of NN Group 2015-2020
- Meiji Yasuda Life Insurance Group's number of group customers FY 2015-2022
- Most recognizable insurance brands in the UK 2021, by generation
- Total number of non-life insurance companies in the Netherlands 2005-2015
- Number of insurance industry workers in GCC by country 2015
- Insurance firms in Europe 2020, by net results
- Number of new shares issued by MetLife 2014-2022
- Graduate recruiting companies by number of employees in Australia 2018
- Leading Google search terms in the Electricals category in Australia 2020
Further Content: You might find this interesting as well
Statistics
- Premium income of insurance companies in Jiangsu, China 2014-2022
- Benefit payment of insurance companies in Jiangsu, China 2014-2022
- Companies on the Spanish insurance market 2011-2020
- Companies on the Romanian insurance market 2011-2019
- Leading European non-life insurance companies ranked by total assets 2019
- Technical provisions of life insurance companies in Italy 2010-2021
- Tokio Marine & Nichido Fire Insurance's net income FY 2013-2022
- Free cash flow to the holding company of NN Group 2015-2020
- Meiji Yasuda Life Insurance Group's number of group customers FY 2015-2022
- Most recognizable insurance brands in the UK 2021, by generation
- Total number of non-life insurance companies in the Netherlands 2005-2015
- Number of insurance industry workers in GCC by country 2015
- Insurance firms in Europe 2020, by net results
- Number of new shares issued by MetLife 2014-2022
- Graduate recruiting companies by number of employees in Australia 2018
- Leading Google search terms in the Electricals category in Australia 2020
KPMG. (July 27, 2021). Net loss ratio of direct large insurers in Australia in 2021, by company [Graph]. In Statista. Retrieved May 02, 2024, from https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/
KPMG. "Net loss ratio of direct large insurers in Australia in 2021, by company." Chart. July 27, 2021. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/
KPMG. (2021). Net loss ratio of direct large insurers in Australia in 2021, by company. Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/
KPMG. "Net Loss Ratio of Direct Large Insurers in Australia in 2021, by Company." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/
KPMG, Net loss ratio of direct large insurers in Australia in 2021, by company Statista, https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/ (last visited May 02, 2024)
Net loss ratio of direct large insurers in Australia in 2021, by company [Graph], KPMG, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1255542/australia-net-loss-ratio-of-direct-large-insurance-companies/