Surplus for HBF

Health insurer HBF has revealed one of its strongest years on record as improved investment markets more than match up with the rising levels of claims.

HBF, a mutual which operates on a not-for-profit basis, recorded a $134 million surplus for the year ending June 30, its second highest performance after hitting $216 million. The previous record, in 2006-07, was strong due to global investment markets and included a one-off $60 million inclusion in general reserves following strategic decision to close the HBF Future Health Benefit scheme.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

(first time users)
FREE: 8 articles per month + twice daily business email alerts
Tags:

Comments:

Not For Profit Businesses

LabelValue
CBH Group$2.82bn
HBF$1.34bn
St John of God Health Care$1.16bn
RAC of WA$656.1m
Western Australian Meat Marketing Co-op$270.0m
Others$5.42bn
Did you know 20
Did you know 21
Did you know 19
Did you know 18
Did you know 17
Did you know 16
Did you know 15
Did you know 14
Did you know 13
Did you know 12
Did you know 11
Did you know 10
Did you know 9
Did you know 8
Did you know 7
Did you know 6
Did you know 5
Did you know 4
Did you know 3
Did you know 2
Did you know 1

Feedback Form