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Suncorp protects FY27 margins despite a $125m contract loss

7:55am on Thursday 29th of October, 2026 AEDT • Insurance
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Suncorp protects FY27 margins despite a $125m contract loss

7:55am on Thursday 29th of October, 2026 AEDT
Key Points
  • FY27 GWP growth forecast at around 3%, weighted to the second half
  • Loss of a $125 million commercial contract to affect first-half growth
  • Weaker NZD expected to reduce Australian-dollar growth by about 70 basis points
  • UITR margin maintained in the top half of the 10-12% range
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