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Insurance growth contributes to Commonwealth Bank result

  • by The Quotesonline Team

The Commonwealth Bank release its yearly result yesterday and it release details of insurance income growth of 9 percent on the prior year, following a 19 percent increase in average inforce premiums. Commonwealth Banks Insurance brands include life insurer CommInsure, The Colonial Mutual Life Assurance Society Limited, and the insurer for Home, Car and Travel insurance CIL.

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