Suncorp Group Ltd

SUN: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Suncorp: GWP Growth Guidance Downgraded Again

Suncorp lowered its fiscal 2026 gross written premium, or GWP, growth guidance again, to around 2.7% from roughly 3% in April and 4% in February. The company pointed to softer conditions in New Zealand, especially commercial insurance, and slightly weaker demand in Australia. Shares fell 4%.

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