Insurance and banking heavyweight Suncorp Group Ltd (ASX: SUN) released its report for 2018 today, revealing an 11% drop in revenue to $15.4 billion.

Suncorp, which owns the Bingle brand of car insurance and trades under many others like APIA, today filed its full-year results and included an update on its insurance division.

For the year to June 30, Suncorp reported a net profit of $1.06 billion, down 1.5% on the prior year, but anounced it will pay a final dividend of 40 cents per share plus a ‘special’ dividend of 8 cents per share. Both dividends are fully franked. That takes Suncorp’s full-year dividend payments to 81 cents per share.

The reported result compares to data compiled by Bloomberg which noted that analysts expected a profit of $990 million and full-year dividends of 73 cents. So it was a beat on analyst expectations.