Suncorp FY26 net profit slides 44% on US$1.4bn nat cat bill

August 12 2026 by

Suncorp’s net profit after tax fell by 43.6% to AU$1.02 billion (US$720 million) in FY26, down from AU$1.82 billion a year earlier, as the Australian insurer was hit by higher natural catastrophe cost...

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