Suncorp Cuts Fiscal 2027 Premium Growth Forecast to About 3%
Suncorp lowered its gross written premium growth forecast for fiscal 2027 to about 3%, from the 3%-5% range given in August, citing the loss of a major contract and weakness in the New Zealand dollar.
Australian general insurer Suncorp ASX:SUN on Thursday lowered its gross written premium, or GWP, growth forecast for fiscal 2027 to about 3% from the 3%-5% range it gave in August due to the loss of a major contract and weakness in the New Zealand dollar.Here are more details:($1 = 1.4162 Australi…