December 21, 2018 / 3:15 AM / 6 months ago

Australia's Suncorp flags $178 mln upper-limit cost from Sydney hailstorm

Dec 21 (Reuters) - Australian insurer Suncorp Group said on Friday that a Sydney hailstorm on Thursday had the potential to cost the company a maximum of A$250 million ($177.83 million), but it was too early to estimate the number of claims it could receive.

The insurer said in a statement that it had received about 7,800 claims by noon Friday.

$1 = 1.4059 Australian dollars Reporting by Ambar Warrick in Bengaluru; Editing by Michael Perry

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