{
 "generated_note": "Travel as a class of business in APRA's general insurance statistics. Not a price list: see no_prices.",
 "class_of_business": "Travel",
 "no_prices": "This dataset holds no travel insurance premiums, because no price list exists to hold. A premium is priced from the trip -- the travellers' ages, the destination, the dates, existing conditions and the excess chosen -- so a policy has no single price, and no regulator or insurer publishes a rate table for one. That is not the same as a price being hard to get: any of these brands will quote a specific trip in minutes through its own form or phone line, and a comparison site will quote several at once. What nobody publishes is a list.",
 "how_to_read_the_loss_ratio": "loss_ratio_pct is claims as a share of premium: the share of what travellers paid that came back to them as claims. The rest pays commission, acquisition costs, claims handling, reinsurance, tax and profit. A low ratio is not proof of a bad product and a high one is not proof of a good one, but it is the only published measure of what the class returns, and travel sits near the bottom of it. Compare within a basis and within a year, using class_comparison.",
 "signs": "APRA reports claims as an expense, so claims_reported_m is negative on the current basis. claims_m is the same figure as a positive magnitude, which is what the loss ratio uses. A ratio computed from claims_reported_m comes out negative and is wrong.",
 "suppression": "APRA publishes confidential cells as '*'. Those become null with suppressed true, never zero. A financial year containing a suppressed quarter reports no loss ratio at all, and says why in loss_ratio_withheld_because.",
 "basis_break": {
  "at": "2023-09-30",
  "why": "AASB 17 changed what general insurers report. The quarters to June 2023 are gross earned premium and gross incurred claims; those from September 2023 are insurance revenue and incurred claims. They are different measurements of related things.",
  "do_not": "Do not join the two series into one line or compute a change across 2023. Compare a year with another year on the same basis."
 },
 "headline": {
  "financial_year": 2026,
  "label": "FY26",
  "basis": "aasb17",
  "revenue_m": 1659.0,
  "claims_m": 858.0,
  "loss_ratio_pct": 51.7,
  "cents_returned_per_premium_dollar": 52,
  "rank_of_classes_lowest_return_first": 4,
  "classes_compared": 18
 },
 "series": {
  "current_basis": {
   "basis": "aasb17",
   "basis_label": "AASB 17 (September 2023 onwards)",
   "revenue_measure": "insurance revenue",
   "claims_measure": "incurred claims",
   "revenue_field": "insurance_revenue_m",
   "quarters": [
    {
     "period_end": "2023-12-31",
     "financial_year": 2024,
     "basis": "aasb17",
     "insurance_revenue_m": 374.0,
     "claims_reported_m": -164.0,
     "claims_m": 164.0,
     "loss_ratio_pct": 43.9,
     "suppressed": false
    },
    {
     "period_end": "2024-03-31",
     "financial_year": 2024,
     "basis": "aasb17",
     "insurance_revenue_m": 366.0,
     "claims_reported_m": -160.0,
     "claims_m": 160.0,
     "loss_ratio_pct": 43.7,
     "suppressed": false
    },
    {
     "period_end": "2024-06-30",
     "financial_year": 2024,
     "basis": "aasb17",
     "insurance_revenue_m": 441.0,
     "claims_reported_m": -178.0,
     "claims_m": 178.0,
     "loss_ratio_pct": 40.4,
     "suppressed": false
    },
    {
     "period_end": "2024-09-30",
     "financial_year": 2025,
     "basis": "aasb17",
     "insurance_revenue_m": 476.0,
     "claims_reported_m": -223.0,
     "claims_m": 223.0,
     "loss_ratio_pct": 46.8,
     "suppressed": false
    },
    {
     "period_end": "2024-12-31",
     "financial_year": 2025,
     "basis": "aasb17",
     "insurance_revenue_m": 412.0,
     "claims_reported_m": -216.0,
     "claims_m": 216.0,
     "loss_ratio_pct": 52.4,
     "suppressed": false
    },
    {
     "period_end": "2025-03-31",
     "financial_year": 2025,
     "basis": "aasb17",
     "insurance_revenue_m": 404.0,
     "claims_reported_m": -176.0,
     "claims_m": 176.0,
     "loss_ratio_pct": 43.6,
     "suppressed": false
    },
    {
     "period_end": "2025-06-30",
     "financial_year": 2025,
     "basis": "aasb17",
     "insurance_revenue_m": 459.0,
     "claims_reported_m": -205.0,
     "claims_m": 205.0,
     "loss_ratio_pct": 44.7,
     "suppressed": false
    },
    {
     "period_end": "2025-09-30",
     "financial_year": 2026,
     "basis": "aasb17",
     "insurance_revenue_m": 463.0,
     "claims_reported_m": -233.0,
     "claims_m": 233.0,
     "loss_ratio_pct": 50.3,
     "suppressed": false
    },
    {
     "period_end": "2025-12-31",
     "financial_year": 2026,
     "basis": "aasb17",
     "insurance_revenue_m": 402.0,
     "claims_reported_m": -204.0,
     "claims_m": 204.0,
     "loss_ratio_pct": 50.7,
     "suppressed": false
    },
    {
     "period_end": "2026-03-31",
     "financial_year": 2026,
     "basis": "aasb17",
     "insurance_revenue_m": 393.0,
     "claims_reported_m": -217.0,
     "claims_m": 217.0,
     "loss_ratio_pct": 55.2,
     "suppressed": false
    },
    {
     "period_end": "2026-06-30",
     "financial_year": 2026,
     "basis": "aasb17",
     "insurance_revenue_m": 401.0,
     "claims_reported_m": -204.0,
     "claims_m": 204.0,
     "loss_ratio_pct": 50.9,
     "suppressed": false
    }
   ],
   "financial_years": [
    {
     "financial_year": 2024,
     "label": "FY24",
     "quarters": 3,
     "complete": false,
     "insurance_revenue_m": 1181.0,
     "claims_m": 502.0,
     "loss_ratio_pct": null,
     "loss_ratio_withheld_because": "only 3 of 4 quarters are published on this basis"
    },
    {
     "financial_year": 2025,
     "label": "FY25",
     "quarters": 4,
     "complete": true,
     "insurance_revenue_m": 1751.0,
     "claims_m": 820.0,
     "loss_ratio_pct": 46.8,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2026,
     "label": "FY26",
     "quarters": 4,
     "complete": true,
     "insurance_revenue_m": 1659.0,
     "claims_m": 858.0,
     "loss_ratio_pct": 51.7,
     "loss_ratio_withheld_because": null
    }
   ],
   "source_id": "apra-qgips-current",
   "source_name": "APRA Quarterly General Insurance Performance Statistics (current basis)",
   "source_url": "https://www.apra.gov.au/system/files/2026-08/Quarterly%20general%20insurance%20performance%20statistics%20database%20September%202023%20to%20June%202026.xlsx",
   "source_sha256": "c82207709b1161065eaaeaf9aa30ff8295af9c43bf8050ae537a79e10a64d5af",
   "source_first_seen_at": "2026-10-05T13:21:42Z",
   "licence": "CC-BY-3.0-AU",
   "stale": false
  },
  "historical_basis": {
   "basis": "pre_aasb17",
   "basis_label": "Pre-AASB 17 (to June 2023)",
   "revenue_measure": "gross earned premium",
   "claims_measure": "gross incurred claims",
   "revenue_field": "gross_earned_premium_m",
   "closed": true,
   "closed_note": "APRA stopped adding to this database at June 2023; it is re-read each run so a restatement would be noticed.",
   "quarters": [
    {
     "period_end": "2010-09-30",
     "financial_year": 2011,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 234.0,
     "claims_reported_m": 93.0,
     "claims_m": 93.0,
     "loss_ratio_pct": 39.7,
     "suppressed": false
    },
    {
     "period_end": "2010-12-31",
     "financial_year": 2011,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 156.0,
     "claims_reported_m": 64.0,
     "claims_m": 64.0,
     "loss_ratio_pct": 41.0,
     "suppressed": false
    },
    {
     "period_end": "2011-03-31",
     "financial_year": 2011,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 168.0,
     "claims_reported_m": 75.0,
     "claims_m": 75.0,
     "loss_ratio_pct": 44.6,
     "suppressed": false
    },
    {
     "period_end": "2011-06-30",
     "financial_year": 2011,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 175.0,
     "claims_reported_m": 74.0,
     "claims_m": 74.0,
     "loss_ratio_pct": 42.3,
     "suppressed": false
    },
    {
     "period_end": "2011-09-30",
     "financial_year": 2012,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 200.0,
     "claims_reported_m": 106.0,
     "claims_m": 106.0,
     "loss_ratio_pct": 53.0,
     "suppressed": false
    },
    {
     "period_end": "2011-12-31",
     "financial_year": 2012,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 212.0,
     "claims_reported_m": 59.0,
     "claims_m": 59.0,
     "loss_ratio_pct": 27.8,
     "suppressed": false
    },
    {
     "period_end": "2012-03-31",
     "financial_year": 2012,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 189.0,
     "claims_reported_m": 83.0,
     "claims_m": 83.0,
     "loss_ratio_pct": 43.9,
     "suppressed": false
    },
    {
     "period_end": "2012-06-30",
     "financial_year": 2012,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 192.0,
     "claims_reported_m": 84.0,
     "claims_m": 84.0,
     "loss_ratio_pct": 43.8,
     "suppressed": false
    },
    {
     "period_end": "2012-09-30",
     "financial_year": 2013,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 211.0,
     "claims_reported_m": 87.0,
     "claims_m": 87.0,
     "loss_ratio_pct": 41.2,
     "suppressed": false
    },
    {
     "period_end": "2012-12-31",
     "financial_year": 2013,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 186.0,
     "claims_reported_m": 77.0,
     "claims_m": 77.0,
     "loss_ratio_pct": 41.4,
     "suppressed": false
    },
    {
     "period_end": "2013-03-31",
     "financial_year": 2013,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 182.0,
     "claims_reported_m": 62.0,
     "claims_m": 62.0,
     "loss_ratio_pct": 34.1,
     "suppressed": false
    },
    {
     "period_end": "2013-06-30",
     "financial_year": 2013,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 207.0,
     "claims_reported_m": 85.0,
     "claims_m": 85.0,
     "loss_ratio_pct": 41.1,
     "suppressed": false
    },
    {
     "period_end": "2013-09-30",
     "financial_year": 2014,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 226.0,
     "claims_reported_m": 100.0,
     "claims_m": 100.0,
     "loss_ratio_pct": 44.2,
     "suppressed": false
    },
    {
     "period_end": "2013-12-31",
     "financial_year": 2014,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 185.0,
     "claims_reported_m": 68.0,
     "claims_m": 68.0,
     "loss_ratio_pct": 36.8,
     "suppressed": false
    },
    {
     "period_end": "2014-03-31",
     "financial_year": 2014,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 203.0,
     "claims_reported_m": 92.0,
     "claims_m": 92.0,
     "loss_ratio_pct": 45.3,
     "suppressed": false
    },
    {
     "period_end": "2014-06-30",
     "financial_year": 2014,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 196.0,
     "claims_reported_m": 97.0,
     "claims_m": 97.0,
     "loss_ratio_pct": 49.5,
     "suppressed": false
    },
    {
     "period_end": "2014-09-30",
     "financial_year": 2015,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 244.0,
     "claims_reported_m": 124.0,
     "claims_m": 124.0,
     "loss_ratio_pct": 50.8,
     "suppressed": false
    },
    {
     "period_end": "2014-12-31",
     "financial_year": 2015,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 225.0,
     "claims_reported_m": 113.0,
     "claims_m": 113.0,
     "loss_ratio_pct": 50.2,
     "suppressed": false
    },
    {
     "period_end": "2015-03-31",
     "financial_year": 2015,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 209.0,
     "claims_reported_m": 105.0,
     "claims_m": 105.0,
     "loss_ratio_pct": 50.2,
     "suppressed": false
    },
    {
     "period_end": "2015-06-30",
     "financial_year": 2015,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 244.0,
     "claims_reported_m": 121.0,
     "claims_m": 121.0,
     "loss_ratio_pct": 49.6,
     "suppressed": false
    },
    {
     "period_end": "2015-09-30",
     "financial_year": 2016,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 260.0,
     "claims_reported_m": 148.0,
     "claims_m": 148.0,
     "loss_ratio_pct": 56.9,
     "suppressed": false
    },
    {
     "period_end": "2015-12-31",
     "financial_year": 2016,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 239.0,
     "claims_reported_m": 110.0,
     "claims_m": 110.0,
     "loss_ratio_pct": 46.0,
     "suppressed": false
    },
    {
     "period_end": "2016-03-31",
     "financial_year": 2016,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 222.0,
     "claims_reported_m": 128.0,
     "claims_m": 128.0,
     "loss_ratio_pct": 57.7,
     "suppressed": false
    },
    {
     "period_end": "2016-06-30",
     "financial_year": 2016,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 245.0,
     "claims_reported_m": 158.0,
     "claims_m": 158.0,
     "loss_ratio_pct": 64.5,
     "suppressed": false
    },
    {
     "period_end": "2016-09-30",
     "financial_year": 2017,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 267.0,
     "claims_reported_m": 141.0,
     "claims_m": 141.0,
     "loss_ratio_pct": 52.8,
     "suppressed": false
    },
    {
     "period_end": "2016-12-31",
     "financial_year": 2017,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 242.0,
     "claims_reported_m": 100.0,
     "claims_m": 100.0,
     "loss_ratio_pct": 41.3,
     "suppressed": false
    },
    {
     "period_end": "2017-03-31",
     "financial_year": 2017,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 241.0,
     "claims_reported_m": 119.0,
     "claims_m": 119.0,
     "loss_ratio_pct": 49.4,
     "suppressed": false
    },
    {
     "period_end": "2017-06-30",
     "financial_year": 2017,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 261.0,
     "claims_reported_m": 110.0,
     "claims_m": 110.0,
     "loss_ratio_pct": 42.1,
     "suppressed": false
    },
    {
     "period_end": "2017-09-30",
     "financial_year": 2018,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 298.0,
     "claims_reported_m": 148.0,
     "claims_m": 148.0,
     "loss_ratio_pct": 49.7,
     "suppressed": false
    },
    {
     "period_end": "2017-12-31",
     "financial_year": 2018,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 250.0,
     "claims_reported_m": 94.0,
     "claims_m": 94.0,
     "loss_ratio_pct": 37.6,
     "suppressed": false
    },
    {
     "period_end": "2018-03-31",
     "financial_year": 2018,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 265.0,
     "claims_reported_m": 106.0,
     "claims_m": 106.0,
     "loss_ratio_pct": 40.0,
     "suppressed": false
    },
    {
     "period_end": "2018-06-30",
     "financial_year": 2018,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 291.0,
     "claims_reported_m": 102.0,
     "claims_m": 102.0,
     "loss_ratio_pct": 35.1,
     "suppressed": false
    },
    {
     "period_end": "2018-09-30",
     "financial_year": 2019,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 330.0,
     "claims_reported_m": 126.0,
     "claims_m": 126.0,
     "loss_ratio_pct": 38.2,
     "suppressed": false
    },
    {
     "period_end": "2018-12-31",
     "financial_year": 2019,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 290.0,
     "claims_reported_m": 213.0,
     "claims_m": 213.0,
     "loss_ratio_pct": 73.4,
     "suppressed": false
    },
    {
     "period_end": "2019-03-31",
     "financial_year": 2019,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 253.0,
     "claims_reported_m": 132.0,
     "claims_m": 132.0,
     "loss_ratio_pct": 52.2,
     "suppressed": false
    },
    {
     "period_end": "2019-06-30",
     "financial_year": 2019,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 299.0,
     "claims_reported_m": 156.0,
     "claims_m": 156.0,
     "loss_ratio_pct": 52.2,
     "suppressed": false
    },
    {
     "period_end": "2019-09-30",
     "financial_year": 2020,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 323.0,
     "claims_reported_m": 181.0,
     "claims_m": 181.0,
     "loss_ratio_pct": 56.0,
     "suppressed": false
    },
    {
     "period_end": "2019-12-31",
     "financial_year": 2020,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 280.0,
     "claims_reported_m": 147.0,
     "claims_m": 147.0,
     "loss_ratio_pct": 52.5,
     "suppressed": false
    },
    {
     "period_end": "2020-03-31",
     "financial_year": 2020,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 279.0,
     "claims_reported_m": 263.0,
     "claims_m": 263.0,
     "loss_ratio_pct": 94.3,
     "suppressed": false
    },
    {
     "period_end": "2020-06-30",
     "financial_year": 2020,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 118.0,
     "claims_reported_m": 94.0,
     "claims_m": 94.0,
     "loss_ratio_pct": 79.7,
     "suppressed": false
    },
    {
     "period_end": "2020-09-30",
     "financial_year": 2021,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 47.0,
     "claims_reported_m": 21.0,
     "claims_m": 21.0,
     "loss_ratio_pct": 44.7,
     "suppressed": false
    },
    {
     "period_end": "2020-12-31",
     "financial_year": 2021,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 66.0,
     "claims_reported_m": 18.0,
     "claims_m": 18.0,
     "loss_ratio_pct": 27.3,
     "suppressed": false
    },
    {
     "period_end": "2021-03-31",
     "financial_year": 2021,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 47.0,
     "claims_reported_m": 16.0,
     "claims_m": 16.0,
     "loss_ratio_pct": 34.0,
     "suppressed": false
    },
    {
     "period_end": "2021-06-30",
     "financial_year": 2021,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 58.0,
     "claims_reported_m": 18.0,
     "claims_m": 18.0,
     "loss_ratio_pct": 31.0,
     "suppressed": false
    },
    {
     "period_end": "2021-09-30",
     "financial_year": 2022,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 50.0,
     "claims_reported_m": 19.0,
     "claims_m": 19.0,
     "loss_ratio_pct": 38.0,
     "suppressed": false
    },
    {
     "period_end": "2021-12-31",
     "financial_year": 2022,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 61.0,
     "claims_reported_m": 25.0,
     "claims_m": 25.0,
     "loss_ratio_pct": 41.0,
     "suppressed": false
    },
    {
     "period_end": "2022-03-31",
     "financial_year": 2022,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 91.0,
     "claims_reported_m": 41.0,
     "claims_m": 41.0,
     "loss_ratio_pct": 45.1,
     "suppressed": false
    },
    {
     "period_end": "2022-06-30",
     "financial_year": 2022,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 202.0,
     "claims_reported_m": 99.0,
     "claims_m": 99.0,
     "loss_ratio_pct": 49.0,
     "suppressed": false
    },
    {
     "period_end": "2022-09-30",
     "financial_year": 2023,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 328.0,
     "claims_reported_m": 144.0,
     "claims_m": 144.0,
     "loss_ratio_pct": 43.9,
     "suppressed": false
    },
    {
     "period_end": "2022-12-31",
     "financial_year": 2023,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 288.0,
     "claims_reported_m": 150.0,
     "claims_m": 150.0,
     "loss_ratio_pct": 52.1,
     "suppressed": false
    },
    {
     "period_end": "2023-03-31",
     "financial_year": 2023,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 307.0,
     "claims_reported_m": 146.0,
     "claims_m": 146.0,
     "loss_ratio_pct": 47.6,
     "suppressed": false
    },
    {
     "period_end": "2023-06-30",
     "financial_year": 2023,
     "basis": "pre_aasb17",
     "gross_earned_premium_m": 404.0,
     "claims_reported_m": 163.0,
     "claims_m": 163.0,
     "loss_ratio_pct": 40.3,
     "suppressed": false
    }
   ],
   "financial_years": [
    {
     "financial_year": 2011,
     "label": "FY11",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 733.0,
     "claims_m": 306.0,
     "loss_ratio_pct": 41.7,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2012,
     "label": "FY12",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 793.0,
     "claims_m": 332.0,
     "loss_ratio_pct": 41.9,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2013,
     "label": "FY13",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 786.0,
     "claims_m": 311.0,
     "loss_ratio_pct": 39.6,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2014,
     "label": "FY14",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 810.0,
     "claims_m": 357.0,
     "loss_ratio_pct": 44.1,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2015,
     "label": "FY15",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 922.0,
     "claims_m": 463.0,
     "loss_ratio_pct": 50.2,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2016,
     "label": "FY16",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 966.0,
     "claims_m": 544.0,
     "loss_ratio_pct": 56.3,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2017,
     "label": "FY17",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 1011.0,
     "claims_m": 470.0,
     "loss_ratio_pct": 46.5,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2018,
     "label": "FY18",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 1104.0,
     "claims_m": 450.0,
     "loss_ratio_pct": 40.8,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2019,
     "label": "FY19",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 1172.0,
     "claims_m": 627.0,
     "loss_ratio_pct": 53.5,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2020,
     "label": "FY20",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 1000.0,
     "claims_m": 685.0,
     "loss_ratio_pct": 68.5,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2021,
     "label": "FY21",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 218.0,
     "claims_m": 73.0,
     "loss_ratio_pct": 33.5,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2022,
     "label": "FY22",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 404.0,
     "claims_m": 184.0,
     "loss_ratio_pct": 45.5,
     "loss_ratio_withheld_because": null
    },
    {
     "financial_year": 2023,
     "label": "FY23",
     "quarters": 4,
     "complete": true,
     "gross_earned_premium_m": 1327.0,
     "claims_m": 603.0,
     "loss_ratio_pct": 45.4,
     "loss_ratio_withheld_because": null
    }
   ],
   "source_id": "apra-qgips-historical",
   "source_name": "APRA Quarterly General Insurance Performance Statistics (historical basis, to June 2023)",
   "source_url": "https://www.apra.gov.au/system/files/2025-06/Quarterly%20general%20insurance%20performance%20statistics%20database%20%28historical%20data%29%20December%202002%20to%20June%202023.xlsx",
   "source_sha256": "dd617e5ee6cb63d94a5a4160a7815df99072f1dde66a1d17b808004bb469b54c",
   "source_first_seen_at": "2026-10-05T13:21:43Z",
   "licence": "CC-BY-3.0-AU",
   "stale": false
  }
 },
 "class_comparison": {
  "financial_year": 2026,
  "label": "FY26",
  "basis": "aasb17",
  "note": "Every class of business for which all four quarters of the year are published, ranked by the share of premium returned as claims, lowest first. Only direct classes are comparable with travel; reinsurance and mortgage behave differently.",
  "classes": [
   {
    "class_of_business": "Mortgage",
    "revenue_m": 893.0,
    "claims_m": 100.0,
    "loss_ratio_pct": 11.2,
    "is_travel": false,
    "rank_lowest_return_first": 1
   },
   {
    "class_of_business": "Non-proportional reinsurance",
    "revenue_m": 2446.0,
    "claims_m": 762.0,
    "loss_ratio_pct": 31.2,
    "is_travel": false,
    "rank_lowest_return_first": 2
   },
   {
    "class_of_business": "Fire and ISR",
    "revenue_m": 9243.0,
    "claims_m": 4669.0,
    "loss_ratio_pct": 50.5,
    "is_travel": false,
    "rank_lowest_return_first": 3
   },
   {
    "class_of_business": "Travel",
    "revenue_m": 1659.0,
    "claims_m": 858.0,
    "loss_ratio_pct": 51.7,
    "is_travel": true,
    "rank_lowest_return_first": 4
   },
   {
    "class_of_business": "Other direct",
    "revenue_m": 1877.0,
    "claims_m": 991.0,
    "loss_ratio_pct": 52.8,
    "is_travel": false,
    "rank_lowest_return_first": 5
   },
   {
    "class_of_business": "Directors and officers",
    "revenue_m": 889.0,
    "claims_m": 486.0,
    "loss_ratio_pct": 54.7,
    "is_travel": false,
    "rank_lowest_return_first": 6
   },
   {
    "class_of_business": "Other accident",
    "revenue_m": 1307.0,
    "claims_m": 737.0,
    "loss_ratio_pct": 56.4,
    "is_travel": false,
    "rank_lowest_return_first": 7
   },
   {
    "class_of_business": "Public and product liability",
    "revenue_m": 3837.0,
    "claims_m": 2188.0,
    "loss_ratio_pct": 57.0,
    "is_travel": false,
    "rank_lowest_return_first": 8
   },
   {
    "class_of_business": "Marine and aviation",
    "revenue_m": 1212.0,
    "claims_m": 748.0,
    "loss_ratio_pct": 61.7,
    "is_travel": false,
    "rank_lowest_return_first": 9
   },
   {
    "class_of_business": "Cyber",
    "revenue_m": 202.0,
    "claims_m": 137.0,
    "loss_ratio_pct": 67.8,
    "is_travel": false,
    "rank_lowest_return_first": 10
   },
   {
    "class_of_business": "Commercial motor",
    "revenue_m": 4998.0,
    "claims_m": 3398.0,
    "loss_ratio_pct": 68.0,
    "is_travel": false,
    "rank_lowest_return_first": 11
   },
   {
    "class_of_business": "Householders",
    "revenue_m": 17153.0,
    "claims_m": 11789.0,
    "loss_ratio_pct": 68.7,
    "is_travel": false,
    "rank_lowest_return_first": 12
   },
   {
    "class_of_business": "Domestic motor",
    "revenue_m": 18362.0,
    "claims_m": 12832.0,
    "loss_ratio_pct": 69.9,
    "is_travel": false,
    "rank_lowest_return_first": 13
   },
   {
    "class_of_business": "Proportional reinsurance",
    "revenue_m": 7275.0,
    "claims_m": 5121.0,
    "loss_ratio_pct": 70.4,
    "is_travel": false,
    "rank_lowest_return_first": 14
   },
   {
    "class_of_business": "Consumer credit",
    "revenue_m": 28.0,
    "claims_m": 20.0,
    "loss_ratio_pct": 71.4,
    "is_travel": false,
    "rank_lowest_return_first": 15
   },
   {
    "class_of_business": "Professional indemnity",
    "revenue_m": 2332.0,
    "claims_m": 1730.0,
    "loss_ratio_pct": 74.2,
    "is_travel": false,
    "rank_lowest_return_first": 16
   },
   {
    "class_of_business": "Employers liability",
    "revenue_m": 3450.0,
    "claims_m": 2637.0,
    "loss_ratio_pct": 76.4,
    "is_travel": false,
    "rank_lowest_return_first": 17
   },
   {
    "class_of_business": "CTP",
    "revenue_m": 4072.0,
    "claims_m": 3791.0,
    "loss_ratio_pct": 93.1,
    "is_travel": false,
    "rank_lowest_return_first": 18
   }
  ]
 },
 "units": {
  "amounts": "A$ millions, as published by APRA (rounded to the nearest million)",
  "ratios": "per cent"
 },
 "licence_note": "Source: APRA Quarterly General Insurance Performance Statistics, Australian Prudential Regulation Authority, used under CC BY 3.0 AU.",
 "data_as_of": "2026-06-30"
}