Statement of Corporate Intent MAC Business 1 July 2006 to 30 June 2009
Tabled paper 822
Tabled papers for 10th Assembly 2005 - 2008; Tabled papers; ParliamentNT
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In the year ending 30 June 2005, MAC recorded an operating surplus of $26.4M. There was no premium increase as a result of the annual reviews, investment returns and controlled claims management assisted the positive result. In the year ending 30 June 2006, MAC again made an operating surplus of $32.1 M. Again, there was no premium increase as a result of the annual reviews, investment returns and controlled claims management assisted the positive result As with all schemes throughout Australia, MAC will continue to focus on the financial security and long term viability of the MAC Business and build upon the successes in the last few years (as shown below). 3.3 MAC Business Performance The following graph shows the Gross Written Premium for MAC over the last few years: Statement of Corporate Intent - MAC 21
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