Suncorp results indicate end of good times, QBE thrives

Profits tailed off at Suncorp during H2 • New rules to increase regulator’s oversight of industry set for October

After the highly profitable period enjoyed by most Australian general insurers - with the market reporting a combined ratio of 86% and a return on equity of 21.5% during the 12 months to mid-2005 - some companies are reporting some tailing off in returns.