SUN suncorp group limited

News: SUN Australia's Suncorp Group first-half cash earnings rises 63%

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    Feb 8 (Reuters) - Australia's Suncorp Group Ltd (SUN) posted a near 63% rise in its half-year cash earnings on Wednesday helped by improvement in underlying margins and positive investment returns.

    The country's second-biggest insurer by market value posted cash earnings of A$588 million ($408.37 million) for the six months ended December, compared with A$361 million a year ago.

    That compares with a UBS estimate of A$674 million. ($1 = 1.4399 Australian dollars)

 
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