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NobleOak Life Ltd Reports Strong Half-Year Performance with Significant Growth

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NobleOak Life Ltd Reports Strong Half-Year Performance with Significant Growth

NobleOak Life Ltd ( (AU:NOL) ) has provided an update.

NobleOak Life Ltd has reported strong performance for the half-year ending December 2024, with a 20% growth in in-force premium and a 15% increase in new business compared to the previous year. The company’s regulatory capital multiple remains robust at 194%, and it has achieved a 3.7% market share in new business, reflecting its strategic investments and market competitiveness.

More about NobleOak Life Ltd

NobleOak Life Ltd operates in the life insurance industry, focusing on providing life insurance products and services. The company is known for its competitive market positioning and commitment to growth and capability enhancement.

YTD Price Performance: -7.28%

Average Trading Volume: 39,948

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$134.3M

Find detailed analytics on NOL stock on TipRanks’ Stock Analysis page.

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