Suncorp
Bonanza for insurance stocks tipped to cool as premium growth slows
Investors in insurance giants made bumper returns in 2024. But analysts say conditions will be less favourable this year as the pace of price rises slows.
- by Daniel Lo Surdo
Latest
Double-whammy: Household insurance costs to soar again, adding to inflation
Consumers will be hit with another steep rise in their household and car insurance premiums this year as general insurers push revenue growth ahead of rising inflation costs.
- by Colin Kruger
Lithium fires and ‘flexi’ water pipes pushing insurance bills higher: Suncorp
The insurance giant behind the AAMI, GIO and Apia brands has flagged it will raise insurance premiums by up to 9 per cent, as rising home-repair costs weigh on the business.
- by Sumeyya Ilanbey
Exclusive
Big four
The big four bank boss who says there’s more room for risk
ANZ boss Shayne Elliott has been grappling with several challenges at the bank. But one societal issue he has his eye on is taking a disproportionate toll on younger generations.
- by Millie Muroi
Updated
Mergers & acquisitions
Treasurer gives the tick to $4.9b ANZ-Suncorp deal
The transaction is the biggest banking deal in Australia since Westpac bought St George in 2008.
- by Clancy Yeates
Opinion
General insurance
Who’d pay $3440 to insure my tiny car? My ex-insurer thought I would
My Kia Picanto is worth about as much as a Taylor Swift ticket. Check out the swifty my ex-insurer tried to pull.
- by Margot Saville
Suncorp boss says premium growth to ease as earnings jump 14 per cent
Suncorp chief executive Steve Johnston concedes it has been a tough six months for customers facing rising home and motor insurance costs, but expects premium growth to ease.
- by Millie Muroi
How the ‘millionaires factory’ shook up Australia’s big four banks
A landmark ruling underlines how Macquarie Group, better known for investment banking, is making a serious play in the less racy retail banking sector.
- by Millie Muroi
Updated
World markets
Mining and energy stocks drag ASX lower on big day for earnings reports
Mining and energy stocks weighed heavily on the Australian sharemarket, dragging the index sharply into negative territory after it briefly pared early losses.
- by Sumeyya Ilanbey
Opinion
Mergers & acquisitions
The competition decision that snookered the treasurer
It’s a sticky decision for Treasurer Jim Chalmers given his government has been waging a war on the dominant players in concentrated industries.
- by Elizabeth Knight
Updated
Mergers & acquisitions
ANZ wins green light for $4.9b Suncorp bank takeover on appeal
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
- by Millie Muroi
Original URL: https://www.smh.com.au/topic/sun-1hb