It said the exception was Individual Advised Accident insurance which had an unusually low admittance rate.
The APRA analysis said that, in general, individual products had higher acquisition costs associated with the policy compared to group products.
“As this is reflected in the premium charged, the claims payments for these products will generally be of a lower percentage of the premium income.
It said disability income insurance (DII) business had the highest claims paid ratio for all distribution channels.
“While a ratio of over 100% suggests good value for policyholders, this is not sustainable and will threaten the ongoing availability of IDII for the Australia community in the future,” APRA said.