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AAP
AAP
Business
Jacob Shteyman

Suncorp rains down dividends despite La Nina challenge

La Nina's torrential rain prompting 53,000 natural hazard claims in the second half of 202. (Diego Fedele/AAP PHOTOS) (AAP)

Insurance and banking giant Suncorp will reward investors with higher dividends after earnings shot up even as natural disaster claims increased.

The finance group, which own brands including AAMI, GIO and Suncorp Bank, reported a 63 per cent jump in cash earnings to $588 million, with a 44 per cent increase in after-tax profit to $560 million for the six months to December 31.

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