Week 2: Insurers deliver, but Australia's banks remain split in two
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Description
Suncorp and IAG delivered results this week that were ahead of market expectations, underpinned by strong written premium and volume growth despite La Nina and elevated natural hazard claims more generally. Meanwhile, results from Australia’s big banks raised as many questions as they answered. What do rising interest rates mean for Australia’s big 4 banks, and where is growth most apparent? Brad Potter, Tyndall AM's Head of Australian Equities, details his views in episode two of the February 2022 4-Minute Monday podcast.
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