In an ASX release, the private health insurer and health services company with opertaions in Australia and New Zeaaland, said group revenue increased 7.7% to $1.9 billion in 1H26, up from $1.8 billion in 1H25, while net profit after tax was $82.9 million. Statutory earnings per share were 17.0 cents per share. The group’s operating expense ratio fell 100 basis points to 16.5%, a material shift that will be watched closely across the private health insurance sector as insurers face continued scrutiny over affordability and value.