ClearView Annual report 2024

Directors’ Report

Chart 2: Consistent YoY growth of in-force premium since entry in the IFA market

FY26 Target

Advice (In-force) ($m) and Market Share 1,2 (%)

In-force Premium Market Share ~4%

3.5%

3.2%

3.0%

2.9%

2.8%

2.6%

2.2%

1.8%

375

342

306

1.4%

277

255

235

1.0%

214

184

0.7%

146

0.3%

106

0.1%

71

45

4

19

FY26 Target FY12A FY13A FY14A FY15A FY16A FY17A FY18A FY19A FY20A FY21A FY22A FY23A FY24A

CVW Advice IF

IF Mkt Share

1 ClearView calculations based on NMG Risk Distribution Monitor Reports for Retail Advice In-force and New Business Analysis for relevant periods – NMG Market analysis includes total of 'Retail' consistently applied (that is, IFA, Bank Advice and Aggregator channels). 2 FY24 in force market share based on NMG Risk Distribution Monitor Reports for Retail Advice In-force Analysis as at 31 March 2024.

Chart 3: Strong track record of top line growth

FY26 Target

Gross Premium - $m

Gross Premiums across channels $ 400m+

400.0

358.1

325.2

299.7

278.2

260.0

180.1

233.6

215.2

165.2

152.1

139.8

177.7

131

116.6

138.3

110.5

93.3

105.1

73.4

76.8

178.0

160.0

147.6

55.5

55.1

129.0

138.4

40.9 20.8 20.1

117.0

40.6 36.2

104.7

84.4

29.2 25.9

64.9

49.6

FY26 Target FY12A FY13A FY14A FY15A FY16A FY17A FY18A FY19A FY20A FY21A FY22A FY23A FY24A

2H

1H

30

ClearView Annual Report 2024

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