Challenger Ltd 2024 AR2
The report highlights Challenger's strong financial performance for the fiscal year ended June 30, 2024, with normalized net profit before tax increasing by 17% to $608 million. The company successfully completed the sale of Challenger Bank, simplifying its business to focus on core Life and Funds Management operations. Challenger expanded its strategic partnerships, extending its reinsurance agreement with Mitsui Sumitomo Primary Life Insurance for five years and forming an asset origination partnership with Apollo. Additionally, the company established a technology partnership with Accenture to modernize its customer experience and achieved its gender diversity targets across the business.
Company: Challenger Ltd
Sector: Financials
Country: Australia
Year: 2024
Type: AR2
Pages: 184
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Challenger Ltd
Annual Report
The report highlights Challenger's strong financial performance for the fiscal year ended June 30, 2024, with normalized net profit before tax increasing by 17% to $608 million. The company successfully completed the sale of Challenger Bank, simplifying its business to focus on core Life and Funds Management operations. Challenger expanded its strategic partnerships, extending its reinsurance agreement with Mitsui Sumitomo Primary Life Insurance for five years and forming an asset origination partnership with Apollo. Additionally, the company established a technology partnership with Accenture to modernize its customer experience and achieved its gender diversity targets across the business.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees