News Formal

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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 20 companies are big winners this earnings season. What do analysts think about their stocks?These companies increased sales by double digits while improving their profit margins.
Source: MarketWatch - 🏆 3. / 97 Read more »