Suncorp Sees Improvement in Margins from Insurance; Annual Cash Earnings Jump

📆 09/08/2023 4:10:00
📰 Reuters

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Australia's Suncorp Group reports a significant increase in full-year cash earnings and anticipates improved margins in the medium term due to higher renewal premium rates in its insurance segment.

Aug 9 - Australia's Suncorp Group

The country's second-biggest insurer by market value posted annual cash earnings of A$1.25 billion , compared with A$673 million a year earlier.

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