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Leading life insurance companies in Australia in 2023, by revenue (in billion Australian dollars)

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Source

Release date

December 2023

Region

Australia

Survey time period

2023

Supplementary notes

Reporting dates as follows:

  • March 31, 2023 - TAL 
  • June 30, 2023 - Challenger, QInsure Limited
  • September 30, 2023 - TLIS
  • December 31, 2023 - AIA, MLC, Zurich, Swiss Re, Metlife, and RGA Reinsurance Company of Australia Limited

Financial years ended in the 12 months to June 2023.

* Due to change in the reporting date, the data is for 6 months to 31 March 2023.

Companies are direct life insurance companies. 

Values have been rounded.

Citation formats

Leading life insurance companies in Australia 2023, by revenue

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 14, 2025

In 2023, TAL was the leading life insurance company by revenue in Australia, with a revenue of around **** billion Australian dollars. The second most prominent life insurance company was Challenger, which reported a revenue of over **** billion Australian dollars.

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