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Japan’s Tokio Marine Eyes Insurer Suncorp as Preferred Takeover Target, FT Reports
Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the matter. Tokio Marine reviewed several takeover targets over the past …
Suncorp’s exec leadership changes to set insurer for next phase of strategy
Australian insurer Suncorp Group has announced a number of changes to its executive leadership team, including the appointment of Bridget Messer as Chief Executive Customer, Brand and Digital, a newly created role. Currently serving as Chief Risk Officer, Messer’s new position unites the existing brand, marketing, and digital distribution teams. The role was created to […] The post Suncorp’s exec leadership changes to set insurer for next phase of strategy appeared first on ReinsuranceNe.ws.
Suncorp reports FY’26 net profit of AU$1.03bn despite exceeding natural hazard allowance
Suncorp Group has reported a net profit after tax of AU$1.027 billion and cash earnings of AU$1.042 billion for the year ended 30 June 2026. The group declared a fully franked final ordinary dividend of 52 cents per share, with CEO Steve Johnston noting that the result was achieved despite natural hazard expenses exceeding the […] The post Suncorp reports FY’26 net profit of AU$1.03bn despite exceeding natural hazard allowance appeared first on ReinsuranceNe.ws.