Households' assets in life insurance reserves reached AUD 126 bil in 2022 in Australia, according to OECD. This is 11.3% less than in the previous year.
Historically, households' assets in life insurance reserves in Australia reached an all time high of AUD 143 bil in 2021 and an all time low of AUD 69.4 bil in 2001.
Australia has been ranked 19th within the group of 30 countries we follow in terms of households' assets in life insurance reserves.
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