CVW Investor Presentation - HY26
| Stock | Clearview Wealth Ltd (CVW.ASX) |
|---|---|
| Release Time | 26 Feb 2026, 8:31 a.m. |
| Price Sensitive | Yes |
ClearView Wealth Ltd reports strong HY26 results
- Gross Premiums up 13% to $215.6m, In-force Premiums up 13% to $436.0m
- Life Underlying NPAT up 59% to $24.1m, Group Underlying NPAT up 77% to $22.1m
- Cost to income ratio improved to 17.9%, down 1.7 percentage points
ClearView Wealth Ltd has delivered a strong operational and financial performance in the first half of FY26, reflecting the benefits of its strategic simplification and technology transformation initiatives. Gross premiums increased by 13% to $215.6m, while in-force premiums grew by 13% to $436.0m, demonstrating the company's continued top-line growth. Life insurance underlying net profit after tax (NPAT) increased by 59% to $24.1m, while group underlying NPAT rose by 77% to $22.1m. The cost to income ratio improved by 1.7 percentage points to 17.9%, driven by the company's focus on operational efficiency and the implementation of its cloud-based core insurance platform. ClearView has completed the simplification of its business, exiting the financial advice, superannuation, and investment management segments to become a pure-play life insurance provider. The company's technology transformation, including the launch of its flagship ClearChoice product on the new cloud-based platform, has positioned it for future growth and expansion. ClearView is now focused on building a digital front-end that offers a seamless customer and adviser experience, leveraging its modern technology stack and strategic partnerships to drive further efficiency and innovation.
FY26 guidance: Gross Premium Income ~$435-440m, Life Insurance Underlying NPAT Margin 11-12%, Life Insurance Underlying NPAT $47-$52m, Group Underlying NPAT $42-$47m, Group Underlying EPS 6.7-7.3cps
ClearView is now a pure-play life insurance business with a modern, cloud-based technology platform and a focus on driving growth, efficiency, and innovation through its digital front-end and strategic partnerships. The company is well-positioned to capitalize on its leading technology capabilities and deep distribution network to deliver long-term growth.