Suncorp: Result 2016

With its banking and life insurance businesses back on their feet, the focus switches to the lagging general insurance division.

Suncorp's strategy will focus on 'elevating the customer to drive growth and increase resilience to volatility', said chief executive Michael Cameron at today's full-year results announcement. We're not sure that customers really want to be elevated, but that's within the normal parameters of corporate gobbledygook. It was the simple claim that followed that irked us, that 'the benefits of this strategy will continue to be seen over the medium term'.

For something to continue, it first needs to be happening – but this year's performance from Suncorp was nothing to write home about, not by a long shot.

Growth and margins lacklustre

Banking and life growing profitably



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles