Medibank Private

Overview

Australia's largest private health insurer (ASX: MPL), established 1976 as an Australian Government not-for-profit insurer, became for-profit 2009, privatised and ASX-listed 25 November 2014. Holds a A$3.6 billion investment portfolio as at 30 June 2025 (~A$3.0bn health-fund investment assets + A$0.4bn short-term operational cash; target allocation 18% growth / 82% defensive) -- this is Medibank's own balance-sheet portfolio backing insurance liabilities, not a separate asset-management arm.

Key Facts

Type

Insurance Company