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How Is Suncorp Turning $1.3bn Natural Hazards Into AI-Driven Growth?

7:42am on Wednesday 18th of February, 2026 AEDT Financials
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How Is Suncorp Turning $1.3bn Natural Hazards Into AI-Driven Growth?

7:42am on Wednesday 18th of February, 2026 AEDT
Key Points
  • Natural hazard claims cost $1.3 billion, $453 million above allowance
  • Consumer insurance portfolios grow with improved underlying margins
  • Investment yields remain strong despite market volatility
  • $168 million of $400 million buy-back completed, to resume post-results
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