Suncorp NZ lifts first-half net profit 8.3%

Wed, 08 Feb 2023

Suncorp New Zealand said its first-half net profit was up 8.3% but that it’s “firmly focused on customers impacted by the Auckland weather event”.Net profit for the six months ended December was $91 million, including a $16m contribution from Asteron Life.The insurer said the NZ result includes contributions from its general insurance brand Vero, its life insurance brand Asteron, Vero Liability and AA Insurance, a joint venture with the NZ Automobile Association.Chief executive Jimmy Higgins said the second-half performance is...

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