Suncorp Group delivers full year results for FY23
www.suncorpgroup.com.au/news/news/suncorp-full-year-2023-results
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the Group's results were again impacted by elevated natural hazard activity
This resulted in the Group exceeding its natural hazard allowance by $97 million
Other loss after tax increased $52 million to $76 million, largely due to the impact of a favourable one-off tax adjustment in the prior period.
The FY23 dividend payout ratio reflects the Group’s prudent and disciplined approach to managing capital in the context of the current environment,
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