Suncorp Group Ltd
SUN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!^ | LOCK|kD | LOCK|J!Xv!$ |
Suncorp Earnings: Solid Result in Face of Natural Hazards
Suncorp's fiscal 2026 cash profit fell 28% to AUD 1 billion, with the swing largely due to higher natural hazard expenses and mark-to-market losses on its investment portfolio. Underlying insurance profit which smooths earnings for these variables, increased 4.5%, benefiting from premium growth.
