Suncorp GI profit up 26% despite cat loss
Suncorp has reported a significant year-on-year growth in net profit after tax of $724m (£478.7m)for the year to 30 June 2012 compared to $453m in 2011.
Suncorp’s general insurance business produced an after tax profit of $493m (2011: $392m).
The firm said it is bearing the fruits of its ‘Building Blocks’ initiative launched in 2010 that aimed to
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