US EditionSuncorp reports $1.8bn profit in FY2025
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Suncorp reports $1.8bn profit in FY2025
Australian insurer Suncorp Group has revealed that net profit after tax (NPAT) for FY2025 was $1.823 billion, up from $1.197 billion in 2024, while cash earnings increased to $1.486 billion from $1.372 billion. According to the firm, FY2025 NPAT included $252 million from the one-off gain on sale of Suncorp Bank and $99 million for New Zealand Life. The result also benefitted from a favourable natural hazard experience of $1.355 billion, $205 mi…
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