Suncorp Expects FY27 Gross Premium Growth of 3% After Contract Loss
Suncorp cited the loss of a $125 million commercial contract and continued weakness in the New Zealand dollar.
CANBERA (dpa-AFX) - Australian insurer Suncorp Group Ltd. (SNMCY, SUN.AX) announced on Thursday that it expects gross written premium growth of around 3% in fiscal 2027, citing the loss of a large commercial contract and the continued weakness of the New Zealand dollar.The company said the loss of…