The Australian Prudential Regulation Authority (APRA) requires insurers to hold a certain level of capital so that the community can have confidence that insurers will be able to meet their financial commitments under all reasonable circumstances.
At 30 June 2025, the amount of capital held by Navy Health was 3.55 times the amount required by APRA. Navy Health’s Capital Adequacy Multiple ratio is also higher than the industry average demonstrating Navy Health’s strong capital position.
The below table presents Navy Health’s capital adequacy position at 30 June 2025:
Please note that Navy Health’s private health insurance business is operated in the Health Benefits Fund. Navy Health is also an intermediary for life insurance and travel insurance. This business is operated in the General Fund.
