Australian ICMIF member Capricorn Mutual exceeded AUD 100 million in sales (gross protection revenue) in 2022 for the first time in its 20-year history, despite having paid out record sums for claims during one of Australia’s biggest natural disasters in early 2022. More than 200 Capricorn members affected by the devastating New South Wales and Queensland floods received approximately AUD 35 million in support from Capricorn Mutual.