• Reported NPAT of $1,027 million and cash earnings of $1,042 million
• Underlying earnings increased by 4.5%
• Fully franked final ordinary dividend of 52 cents per share and special dividend of 10 cents per share
• Share buyback of up to $250 million planned for FY27
• Multi-year aggregate reinsurance cover in effect from 30 June 2026

Suncorp Group Ltd announced its FY26 results, reporting a net profit after tax (NPAT) of $1,027 million and cash earnings of $1,042 million. The company delivered a fully franked final ordinary dividend of 52 cents per share and a special dividend of 10 cents per share, along with a share buyback of up to $250 million planned for FY27. The underlying insurance trading ratio (UITR) remained towards the upper end of the target range, reflecting the continued earn-through of pricing initiatives. The company also introduced a multi-year aggregate reinsurance cover, effective from 30 June 2026, to reduce natural hazard risk and earnings volatility. Suncorp responded to 32 separate weather events, including 18 declared natural hazard events over $10 million each, and managed more than 120,000 natural hazard claims.

FY27 outlook: GWP growth expected to be between 3% and 5%, underlying ITR in the top half of 10% to 12% range

Suncorp expects GWP growth to be between 3% and 5% in FY27, with the underlying insurance trading ratio (ITR) expected to be in the top half of the 10% to 12% range. The company aims to maintain a disciplined approach to capital management, targeting a payout ratio around the mid-point of the 60% - 80% range of cash earnings.