Feb 24, 2021 / 12:30AM GMT
Operator
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.
Simon Swanson - ClearView Wealth Limited - MD & Director
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%
Half Year 2021 Clearview Wealth Ltd Earnings Call Transcript
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