Suncorp share price slides as AI insurance apps spook investors ahead of results

Suncorp Group Ltd shares closed down 4.24% at A$16.05 on Tuesday, as investors sold Australian insurer and broker stocks on worries that new ChatGPT-based insurance shopping tools could chip away at the role of intermediaries.

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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

82/100
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Editorial model selection. Not personalised advice.