Suncorp’s Insurance Australia platform drives H1 ‘23 group net profits to A$560mn

Suncorp’s Insurance Australia operation delivered a 142.1 percent increase in operating profit to A$276mn ($192mn), helping its financial services parent increase net profit after tax by 44.3 percent to A$560mn in the first half of its reporting year, despite higher-than-budgeted natural hazard losses.


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