Aug 19 (Reuters) - Australian insurer Suncorp (SUN) posted a 16.6% rise in its annual cash earnings on Monday, helped by positive net investment returns underpinned by a rally in equities and higher returns on its interest-earning portfolio, and fewer-than-expected natural hazard claims.
The country's second-biggest insurer by market value recorded cash earnings of A$1.37 billion ($913.24 million) for the full year ended June 30, as compared with A$1.18 billion the prior year.
That compares with a Visible Alpha consensus of A$1.52 billion.
($1 = 1.5002 Australian dollars)
News: SUN Australian insurer Suncorp's annual cash earnings rise 16.6%
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Last
$21.54 |
Change
0.170(0.80%) |
Mkt cap ! $23.32B | |||
| Open | High | Low | Value | Volume |
| $21.50 | $21.63 | $21.42 | $54.54M | 2.532M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $21.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.56 | 4655 | 1 |
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| Last trade - 16.10pm 21/08/2025 (20 minute delay) ? |
| SUN (ASX) Chart |