Katrina Shanks: Financial advisor as Suncorp announces it may have to increase insurance premiums
Insurance giant Suncorp, who own AA insurance, have had their profits slip 23 percenet in the financial year, despite an increase in premiums paid.
They owe it to inflation but also the multiple extreme weather events, that seem to happen more often.
Therefore they're warning insurance holders, they may see an increase in their premium prices.
Katrina Shanks, chief executive of Financial Advice joined Kate Hawkesby.
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