Suncorp: Interim result 2015

Suncorp’s banking and life insurance divisions are doing well, but the general insurance business faces headwinds.

Strange as it may sound, the worst Brisbane storm in 30 years couldn’t have come at a better time for Suncorp. Natural hazard claims were $470m for the six months to 31 December, but the insurer had plenty of capital to cushion the blow after years of low claims.

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