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The company recognised a deferred tax asset of $155 million that would mitigate the cash tax impact over a decade

A group statement says their claims bill was estimated at between $35 billion and $45 billion

The strong performance included solid underwriting margins as well as a more favourable investment environment

The firm reported net income attributable to shareholders of $20.1 million in Q3

The company reported total shareholder return of 19.4 per cent annualised

Companies reap benefit of corporate income tax accounting gains

CEO Abby Clifford said company delivered a solid start to the fiscal year

The group’s Q1 net income of $157 million included the sixth consecutive quarter of underwriting income

Water sales last year were down 20 million gallons compared with 2022

Net premiums written were $8.3 million compared to $0.8 million reported for the first quarter of 2023

Insurer builds on 2023 by continuing to capitalise on attractive market opportunities

MediaAlpha stake drives insurance group’s results