Suncorp Group Ltd

SUN: XASX (AUS)
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Suncorp: Margin Guidance Holds as AI Threatens to Shake Personal Insurance Lines

Suncorp cut its fiscal 2027 gross written premium growth guidance to around 3%, from 3%-5%, on the loss of a commercial contract and a weaker New Zealand dollar. Other guidance, including an underlying insurance margin in the top half of 10%-12%, is unchanged.

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