NobleOak FY26 Results Presentation
Key points
- NobleOak awarded Life Insurance Company of the Year 2026 by ANZIIF
- FY26 underlying NPAT up 15% to $21.1m
- In-force premiums grew 18% to $549.2m
- Embedded Value per share at $2.34, up 9% year-on-year
- Strong growth trajectory with clear pathway to $1bn in-force premium target
Full summary
NobleOak Life Ltd announced its FY26 financial results, highlighting significant growth across key metrics. The company reported an underlying NPAT of $21.1 million, a 15% increase from the previous year. In-force premiums grew by 18% to $549.2 million, and new business premiums increased by 9% to $69.2 million. The company's embedded value per share stood at $2.34, reflecting a 9% year-on-year growth. NobleOak was also recognized as the Life Insurance Company of the Year 2026 by ANZIIF, underscoring its industry leadership. The company outlined a clear growth strategy, aiming for a $1 billion in-force premium target, supported by disciplined underwriting, strategic partnerships, and technological advancements.
Guidance
FY27 outlook: >12% in-force premium growth, >10% underlying NPAT growth
Outlook
NobleOak is focused on achieving a $1 billion in-force premium target, leveraging disciplined underwriting, strategic partnerships, and AI technology to drive growth and enhance customer experience.
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