NobleOak Life Ltd
ASX:NOL

Watchlist Manager
NobleOak Life Ltd Logo
NobleOak Life Ltd
ASX:NOL
Watchlist
Price: 1.2 AUD -4%
Market Cap: AU$111.5m

NobleOak Life Ltd
Investor Relations

Nobleoak Life Ltd. provides life insurance services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2021-07-22. The firm is principally engaged in manufacturing and distributing of life insurance products, including death, disability, trauma, income protection and business expenses insurance through direct and partnership channels. Its segments include Direct Business, Partnership and Genus. The Direct Business segment consists the life insurance protection products that are sold directly to customers under the NobleOak brand. Partnership segment consists the life insurance protection products, which are sold to customers primarily through advisors under the Company's partner brands. Genus segment consists of life insurance administration services performed by the NobleOak Group Company, Genus Life Insurance Services Pty Ltd. NobleOak also provides administration services for run-off life insurance products through its subsidiary Genus Life Insurance Services Limited.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Feb 26, 2026
AI Summary
Q2 2026

In-Force Premiums: NobleOak's in-force premiums reached $505 million, up 19% over the last 12 months, marking a major milestone towards its $1 billion long-term target.

Profit Growth: Underlying NPAT increased by 11% to $9.6 million, reflecting stable margins and good cost management; statutory NPAT was $6.3 million, affected by a provision for Victorian stamp duty.

Market Share Gains: The company continued to gain market share in both direct and advice channels, supported by new products and strong partnerships.

AI Adoption: NobleOak is embedding AI across the business, improving efficiency, underwriting, and customer experience, with over 90% of staff now using AI tools.

Guidance Reaffirmed: FY26 guidance was reaffirmed, targeting in-force premium growth of more than 15% and underlying NPAT growth of more than 10% for the full year.

Capital Position: Regulatory capital multiple stands at 174%, providing flexibility for growth and ongoing investment.

Claims Environment: Higher TPD claims were noted, driven by industry-wide mental health trends, but the impact was mitigated by NobleOak's conservative risk retention.

Key Financials
In-force Premiums
$505 million
Underlying NPAT
$9.6 million
Statutory NPAT
$6.3 million
New Business
$33.8 million
Lapse Rate
12.4%
Direct In-force Premiums
$103.5 million
Strategic Partner In-force Premiums
$401.3 million
Direct Lapse Rate
13.5%
Regulatory Capital Multiple
174%
Victorian Stamp Duty Provision
$6.5 million
Other Earnings Calls
2026
2023

Management

Mr. Anthony R. Brown
CEO & Executive Director
No Bio Available
Mr. Scott Pearson
Chief Financial Officer
No Bio Available
Ms. Moana Kolesi
Head of Sales
No Bio Available
Rob Treacy
Head of Marketing & Digital
No Bio Available
Ms. Kama Ghosn
Chief People Officer
No Bio Available
Mr. Matthew Wilson
Chief Risk Officer
No Bio Available
Ms. Tatyana Marfenko
Head of Alliances
No Bio Available
Ms. Emily Macpherson
Head of Strategy & Implementation and Deputy CFO
No Bio Available
Ms. Suzanne Barron BScLLB
GM of Strategic Governance & Company Secretary
No Bio Available
Mr. Martin Lam
Head of Actuarial
No Bio Available

Contacts

Address
NEW SOUTH WALES
Sydney
66 Clarence Street, Level 7
Contacts
+611300041494.0
www.nobleoak.com.au
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett