Low natural hazard claims, higher premiums boost insurer’s profits
Suncorp NZ’s profit described as “standout” by Aussie parent.
Suncorp NZ, which operates Vero Insurance and AA Insurance in a joint venture with the New Zealand Automobile Association, has announced a 76% rise in net profit after tax of $261 million for the year ending June 30 .
The strong result was partly driven by premium increases and by unusually low
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