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General Business
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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