A Brief History: Suncorp Metway, was launched in May 1999, enabling the delivery of the groups resources under one banner, the streamlining of the product range and elimination of duplication in the branch network.On 1 July 2001, Suncorp Metway acquired AMP and Australian general insurance interests, which increased the groups annual premium income to $2 billion, making it the second largest general insurer in Australia. The number of general insurance customers doubled and the business mix became more diversified, with growth in personal and commercial lines and the addition of workers compensation.
