Suncorp 2nd Half Profit Improves after drop in claims

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Suncorp has reported an improvement in its overall result, recovering from record claims last year,  Suncorp’s full-year general insurance profit of A$493 million exceeded expectations for a profit of A$390 million

This follows fellow Australian insurer QBE reporting a below forecast 13 percent rise in profit.

Suncorp insurance brands include AAMI, APIA, Suncorp and Vero


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