The dashboards which accompany the General Insurance Industry Review report contain a range of interactive charts and graphs presenting the key industry performance metrics for the past 5 years.

Following the release of the APRA data on the 25 October, our product level dashboard has been updated using data as at 30 June 2022.

Our institutional dashboard uses data as at 30 June 2022.

The interactive dashboards allow you to view the data at various levels. The Institution Level Dashboard also enables you to compare an individual insurer’s metrics with another insurer, and to all insurers operating in the same market segment.

All data has been sourced from the APRA General Insurance publications. Further information on methodology is provided within each Dashboard.

Summarises key performance statistics by Institution
(updated November 2022)

Summarises key performance statistics by Product Class
(updated November 2022)

Product Level Dashboard commentary

The following key high-level observations cover the product level dashboard update:

Gross Written Premium (GWP)

  • In the 12 months to 30 June 2022, GWP has increased by 10.3%. There have been increases in premiums across all lines of business with the exception of CTP where premium changes have remained relatively flat.
  • Across the major personal and commercial classes of business excluding CTP and Other, GWP has increased by 11.7% driven by growth across the commercial classes. In particular, Commercial Property and Professional Indemnity has seen premium growth rates of 17.4% and 18.0% respectively.
  • Personal Lines and Public and Product Liability have seen premium growth slightly below the overall average.
  • Other lines of business include the Travel Insurance product, which has seen a return of gross written premiums to pre-covid levels over the June 2022 quarter. This is attributed to increased travel and greater cost for travel insurance than prior to COVID-19.

Underwriting Profitability

  • In the 2022 financial year, Underwriting Profitability was $6.33b1. Underwriting profitability has increased compared to the previous financial year for all major classes except for Domestic Motor Vehicle.
  • The main drivers of the increase compared to the 2021 financial year are:
    • Insurers were found to be liable to pay out for Business Interruption (BI) for Covid-19 for some policies due to policy wordings, leading to overall underwriting losses in the December 2020 Quarter of $1.5bn in the Fire and ISR class (which contains BI).  This was reflected in the previous financial year result. Whilst there has been further activity relating to the Business Interruption test cases in the past 12 months, insurance companies have generally not made material strengthening’s to Covid-19 BI reserves over the 2022 financial year. 
    • Increased profitability for professional indemnity, which includes Director’s and Officer’s (D&O), due to average premium increases and a reduction in net incurred claims over the 2022 financial year.
    • Release in reserves for CTP in the 2022 financial year as Scheme changes in NSW are reaching a more mature state and claims experience has further developed.
    • Appreciating property prices in the Australian market over recent quarters have led to improved underwriting results for Lender’s Mortgage Insurance in the 2022 financial year, as net claims incurred for this product was subdued.
    • Severe weather-related events have impacted the results of both the 2022 and 2021 financial years. These events include Queensland and NSW floods from February to April 2022, Hail and storm events during the December 2021 quarter, Eastern Australian floods in March 2021 and Halloween 2020 Hailstorms in Queensland.
    • Public and Product Liability had a reduction in net incurred claims by $318m in the March 2022 quarter.
    • This increase in overall underwriting profitability was partially offset by an increase in Domestic Motor Vehicle claims, which was in part due to higher levels of motor vehicle usage over the 12-months to 30 June 2022 when compared to the previous 12 months.
  • In the June 2022 Quarter, underwriting performance resulted in a profit of $2.49bn, compared to the underwriting profit made the same financial quarter in 2021 of $0.90bn.


  1. Includes all general insurers (direct and indirect)

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