Notes to the Financial Statements
5.4 Net investment result
2024 $’000
2023
FY24
$’000
Interest income • Cash and cash equivalents • Investment securities at FVTPL
4,429 16,457
2,432 10,704
• Loans and advances Distribution income Total investment income
127
141 36
63
21,076 3,664
13,313 4,189 (242) 17,260
Net fair value gains on financial assets Change in life investment contract liabilities
68
24,808
Net investment income
Insurance finance income/(expense) from insurance contracts issued Interest accreted Effect of changes in interest rates and other financial assumptions Insurance finance income/(expense) from reinsurance contracts held Interest accreted Effect of changes in interest rates and other financial assumptions
4,177
3,262 15,273 18,535
18,992 23,169
3,321
(62)
(21,653) (18,332)
(8,632) (8,694)
4,837
9,841 27,101
Total insurance finance income/(expense)
29,645
Net investment result
139
ClearView Wealth Limited
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