Annual Review 2022

Full Year Results and
Annual Report 2021-22


Steve Johnston, Group CEO

While business success should be measured in terms of profits, dividends and valuations, equally important for a business like ours are the lives we restore, the futures we assure and the communities we rebuild.

Christine McLoughlin AM, Group Chairman

Good progress has been made to reshape our business, drive premium and margin growth and deliver against our strategic priorities. This, combined with our prudent capital management approach, underpins our ongoing commitment to continue to unlock value for our company and our shareholders.

#Performance highlights


^ 9.2%


Insurance Australia gross written premium (excluding emergency services levies and portfolio exits)*

^ 14.1%


Suncorp New Zealand gross written premium

^$4.1bn


Suncorp Bank home lending, up 9.0%

$681m


Group net profit after tax (down 34.1% impacted by volatile investment markets and elevated natural hazard costs)

17 cps


Final fully franked ordinary dividend, representing a 75% payout ratio

* All changes refer to the prior corresponding period unless otherwise stated