Half Year 2021 Clearview Wealth Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the ClearView Wealth Limited HY '21 Results Call. (Operator Instructions) I must advise you that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Managing Director of ClearView, Simon Swanson. Thank you. Please go ahead.
Thank you for dialing in today. I'm joined this morning by Athol Chiert, ClearView's Chief Financial Officer. In a moment, Athol will take you through ClearView's half year '21 result. But first, I'll provide an overview and business update. There will be time for questions at the end.
Page 2 provides a results snapshot. Despite challenging market conditions, the business performed strongly due largely to improved claims management outcomes. For the half year, operating earnings increased 39% to $13.1 million, and reported net profit after tax remained flat at $9.7 million. Life Insurance in-force premiums rose 8% and gross premium income increased 7%
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