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Suncorp Group (SUN) investor relations material

Suncorp Group Investor Day 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor Day 2025 summary30 Oct, 2025

Strategic direction and transformation

  • Transitioned to a pure play insurer after divesting the banking business, enabling a focused strategy and operational simplification.

  • Five core insurance portfolios remain, with a renewed emphasis on technology, data, and customer-centric culture.

  • Multi-brand strategy leverages strong national and niche brands for broad market reach, customer acquisition, and cost-effective distribution, with AAMI and Bingle showing strong growth in key regions.

  • Digital Insurer program is modernizing core systems, enabling agility, rapid product innovation, and improved customer experience.

  • Commercial insurance is positioned as a key growth engine, targeting #2 market share with broker support, tech investment, and new specialty products.

Technology, digital, and AI transformation

  • Digital Insurer leverages Duck Creek cloud platform, live in New Zealand and planned for AAMI and other brands, supporting process simplification and experience uplift.

  • 93% of technology workloads are in public cloud, enabling cost efficiencies, resilience, and scalability.

  • Over 100 AI/ML models and 20+ GenAI use cases deployed, including agentic AI for claims, customer service, fraud detection, and process orchestration.

  • AI-driven marketing, operational automation, and underwriting precision are improving efficiency and customer engagement.

  • AI adoption is governed by a holistic safety framework, with a payback period for investments estimated at just over two years.

Financial guidance and capital management

  • Underlying insurance trading ratio (ITR) guidance remains at 10%-12%, with margins at the top end of the range and improved expense ratios.

  • Increased investment in growth initiatives, with discretionary project spend tripling since FY 2019.

  • Capital management targets CET1 at 1.025–1.325x PCA, with ongoing buybacks and a 60%-80% dividend payout ratio.

  • Pro forma FY25 capital stack optimised for regulatory requirements, with buffers in Additional Tier 1 and Tier 2 capital.

  • Value creation strategy reinvests operational efficiencies into competitive premiums, customer experience, and margin improvement.

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Frequently asked questions

Suncorp Group Limited is a prominent financial services provider in Australia and New Zealand, specializing in insurance and banking products and services for retail, corporate, and commercial customers. The company's operations are segmented into Insurance (Australia), Suncorp Bank, and Suncorp New Zealand. In Australia, the Insurance segment offers a comprehensive range of general insurance products, including but not limited to home and contents, motor, marine, travel, and commercial property insurance, along with life insurance products. The Suncorp Bank segment delivers a variety of banking services, such as commercial and home loans, savings and transaction accounts, foreign exchange, and treasury services. In New Zealand, Suncorp provides general and life insurance products, covering areas like home and contents, motor, and commercial property insurance. The company is headquartered in Brisbane, Australia, and its shares are listed on the ASX.

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