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John Van Der Wielen says HBF will be investing in technology. Photo: Attila Csaszar

Stronger markets support insurers

Perth-based health insurer HBF has posted a 53 per cent rise in its net surplus to $93.7 million, while profit at the state government-owned Insurance Commission of WA fell 27 per cent to $203.5 million, despite an improved return on its investments.

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HBF

WA Revenue

1st-CBH Group$4.19bn
2nd↑St John of God Health Care$1.80bn
3rd↓HBF$1.71bn
4th-RAC$819.1m
5th↑WAMMCO$380.0m
75 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

Not For Profit Businesses

11thAvivo1,170
12thCBH Group1,100
13thHBF962
14thSouthern Cross Care WA900
15thYMCA WA865