Suncorp Group

Banking and Insurance company, Suncorp Group (ASX:SUN), has announced its first half results to shareholders, investors and traders.

• Suncorp Net Profit at $574 million, up 48 percent on the previous corresponding period.
• Suncorp owns insurance brands: AAMI and GIO. Its insurance businesses made $564 million profit, from $162 million in the previous corresponding period.
• Company's written premiums increased 9 percent to $4.2 billion.

The Australian banking and insurance company, Suncorp Group (ASX:SUN) have released its full year profit results FY2012.

• Net profit jumped 60 percent to $724 million from $453 million.
• The previous financial year for Suncorp was marked by large costs from a number of natural disasters.