Suncorp sees FY net profit of around $1.2bn as GWP increase 13.9%

Share!

Reinsurance News - Aug 19, 2024

Australian insurer Suncorp Group has revealed that net profit after tax for FY2024 was $1.197 billion, up from $1.071 billion in 2023, while cash earnings increased to $1.372 billion from $1.177 billion. Suncorp also recorded a higher net investment income of $661 million, driven by a strong underly...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...