Insurance Post

Suncorp's FY insurance profits climb 30% in Australia; drop 55% in New Zealand

michael-cameron-suncorp

Brisbane-headquartered financial services group Suncorp saw mixed results in its two key insurance markets for the full year ending 30 June.

In Australia post-tax profit was up 30% to A$723m (£434m) compared with A$558m last year with general insurance profit up 41% to A$689m while life insurance profits fell 50% to A$34m; the reserve

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