Suncorp Group Limited (AU:SUN) has released an update.
Suncorp Group Limited has reported its financial results for the fiscal year ended 30 June 2024, including the completion of Suncorp Bank’s sale to ANZ on 31 July 2024, following regulatory approvals. The report adheres to new accounting standards AASB 17 for insurance contracts, with prior periods restated for comparison, and includes a pending sale of its New Zealand life insurance business, Asteron Life Limited, subject to regulatory approvals. Financial figures are presented in Australian dollars, with the New Zealand section also reporting in NZ dollars.
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