Strong track record of top line growth
FY24 gross premiums up 10% to $358.1m - driven by market share gains (new business flows) and inflation linked premiums, with lapses largely in line with expectation. Gross premium for the period broadly reflects average in-force premiums
FY26 Target Gross Premiums across channels $400m+
Gross Premium - $m
Consistent top line growth since entry into IFA market in FY12 FY24 total in-force premiums $374m +10% Adviser channel in-force premiums $342m +12%
358.1
325.2
299.7
278.2
260.0
180.1
233.6
165.2
215.2
152.1
139.8
177.7
400.0
131
116.6
138.3
110.5
105.1
93.3
76.8
73.4
178.0
55.1
55.5
147.6 160.0
20.1 20.8 40.9
-4%
129.0 138.4
40.6
104.7 117.0
Closed non advice portfolios in run off $32m
84.4
25.9 29.2
64.9
49.6
36.2
FY12A FY13A FY14A FY15A FY16A FY17A FY18A FY19A FY20A FY21A FY22A FY23A FY24A FY26 Target 1H 2H
14
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