Skip to content

Brought to you by:
Email Print

Higher claims hit CBA insurance income

Commonwealth Bank has recorded a 24.1% fall in general insurance income to $82 million for the six months to December 31, as earnings took a hit from higher claims.

Net event claims grew to $32 million from $4 million in the corresponding period of 2016.

Overall insurance income on a cash basis declined 16% to $136 million.

Brought to you by: Insurance Jobs Brought to you by: Brought to you by: