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Insurer Suncorp's first-half cash earnings plunge 67% as natural hazard costs surge

Insurer Suncorp's first-half cash earnings plunge 67% as natural hazard costs surge

Australian general insurer Suncorp Group posted a worse-than-expected drop in first-half cash earnings on Wednesday, hit by a surge in costs related to multiple severe weather events on the east coast and lower investment income.

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