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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, September 28, 2026

Suncorp

suncorp-signs-five-year-microsoft-partnership-to-advance-ai-use
Suncorp signs five-year Microsoft partnership to advance AI use
December 12 2024
Partnership includes deploying generative AI tools to streamline claims processing, enhance employee efficiency, and ensure ethical AI governance.
suncorp-launches-disaster-management-centre-in-brisbane
Suncorp launches Disaster Management Centre in Brisbane 
November 27 2024
The new centre uses technology and collaborative insights in efforts to enhance disaster preparedness and customer support across Australia and New Zealand. 
fitch-downgrades-suncorp-groups-ratings-following-bank-sale-changes-to-reinsurance-programme
Fitch downgrades Suncorp's ratings following bank sale, changes to reinsurance programme
November 8 2024
Prism score now weaker than criteria for 'AA' IFS rating due to changes in capital base and risk of reinsurance programme.
suncorp
Suncorp reports 13.9% rise in GWP for FY2024, forecasts further rate hikes
August 19 2024
Insurer sees net profit of AU$1.2bn, but future financial dynamics set to evolve post-divestment of banking and NZ life insurance operations.
suncorp-transitions-to-dedicated-trans-tasman-insurer-following-completion-of-bank-sale
Suncorp transitions to dedicated trans-tasman insurer following completion of bank sale
July 31 2024
The AU$4.9bn (US$3.2bn) sale to ANZ means the group can deliver greater value to its customers and shareholders, said Group CEO Steven Johnston.
suncorps-fy25-reinsurance-renewal-bumps-main-cat-limit-axes-qld-quota-share-agreement
Suncorp's FY25 reinsurance renewal bumps main cat limit, axes QLD quota share
July 5 2024
Cost of program expected to be broadly in line with FY24 renewal.
resolution-life-set-to-acquire-asteron-life-in-nz410m-deal
Resolution Life set to acquire Asteron Life in NZ$410m Deal
April 4 2024
US$247m acquisition from Suncorp Group will make Resolution Life New Zealand's second-largest life insurer.
nrma-and-suncorp-provide-premium-cuts-through-bushfire-resilience-app
NRMA and Suncorp provide premium discounts through Bushfire Resilience App
March 21 2024
Aussie insurers team up with Resilient Building Council to reward households with reduced premiums for improving bushfire resilience.
australian-competition-tribunal-approves-anzs-acquisition-of-suncorps-banking-business
Australian Competition Tribunal approves ANZ's acquisition of Suncorp's banking business
February 20 2024
Tribunal overturns ACCC's decision, paving way for AU$4.9bn (US$3.2bn) acquisition, with Group CEO commenting the move will significantly strengthen Suncorp's ability to meet evolving insurance needs.
suncorps-ratings-negative-outlook-maintained-as-fitch-eyes-impact-of-potential-banking-sale
Suncorp's ratings and negative outlook maintained as Fitch watches impact of potential banking sale
November 20 2023
FY23 profit increase helps maintain strong ratings in face of weakening combined ratio, rising nat cat concerns, and possible impacts of the banking arm sale.
A building with the suncorp logo on it.
Suncorp's bank Chief resigns with ANZ Sale decision looming in February
September 26 2023
At its AGM, Suncorp said tribunal over the proposed sale of its banking business will take place in December, with final decision expected February.
suncorp-new-zealand-nat-cats-key-cause-of-30-profit-drop-in-year-ending-june-30-focus-on-recovery
Suncorp New Zealand: year-end P&C profits down 56%, focus on recovery
August 9 2023
Premiums to be impacted after insurer is hit hard by twin Feb Nat Cat events, increased reinsurance costs, and inflationary pressures.
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25 September