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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Low natural hazard claims, higher premiums boost insurer’s profits

Suncorp NZ’s profit described as “standout” by Aussie parent.

Suncorp NZ, which operates Vero Insurance and AA Insurance in a joint venture with the New Zealand Automobile Association, has announced a 76% rise in net profit after tax of $261 million for the year ending June 30.

The strong result was partly driven by premium increases and by unusually low

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Fiona Rotherham Wed, 07 Aug 2019
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Low natural hazard claims, higher premiums boost insurer’s profits
General Business,
80356
true