SNMYF

Company Overview

Suncorp Group Limited operates as a financial services provider in Australia and New Zealand, offering a diverse array of insurance and banking solutions to individual consumers, corporate entities, and commercial businesses. The firm's activities are structured into three principal divisions: its Australian insurance arm, Suncorp Bank, and its New Zealand operations. Within Australia, the insurance segment delivers a comprehensive suite of general insurance offerings. These encompass coverage for homes and their contents, vehicles, marine risks, and travel, extending also to commercial property, industrial special risks, public liability, professional indemnity, workers' compensation, and mandatory third-party insurance. This segment further distributes life insurance policies. Suncorp Bank, a distinct division, furnishes a variety of banking solutions. These include various loan types such as commercial, agribusiness, small business, and residential mortgages. It also manages savings and current accounts, provides foreign currency exchange, and offers treasury management services. In New Zealand, Suncorp's segment provides both general and life insurance policies. General insurance products cover residential properties and contents, vehicles, commercial real estate, public liability, and professional indemnity. Life insurance offerings extend to life, trauma, total and permanent disability, and income protection coverage. Historically, the entity operated under the name Suncorp-Metway Limited, before rebranding to Suncorp Group Limited in December 2010. Established in 1902, the company's primary corporate office is situated in Brisbane, Australia.

Earnings & Financials