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Suncorp Group Says Regulatory Project Costs Expected To Peak In FY20
Suncorp Group Says H1 Revenue From Ordinary Activities Down 6.06%
Suncorp Group Says Natural Hazard Costs For 1H20 Confirmed At $519 Mln
Suncorp Group Ltd is an Australia-based company that provides financial services in Australia and New Zealand. The Company’s segments include Insurance, Banking & Wealth and Suncorp New Zealand. Insurance segment designs, manufactures and provides general insurance products and services to customers in Australia and its products include home and contents, motor, marine, travel, commercial property, industrial special risk, loan protection, equity and cash benefit. Banking & Wealth segment is engaged in the design, manufacture and delivery of banking, financial planning, and superannuation and fund administration services to customers in Australia and its products include commercial, agribusiness, small business, home and personal loans, treasury products and services, superannuation, funds administration services and financial planning. Suncorp New Zealand is engaged in the design, manufacture and delivery of general and life insurance products to customers in New Zealand.
Suncorp Ctr, L 18 36 Wickham Tce
Christine F. McLoughlin
Non-Executive Independent Chairman of the Board
Chief Executive Officer, Executive Director
Group Chief Financial Officer
Chief Executive Officer - Banking and Wealth
Chief Executive Officer - Insurance
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Australian insurer Suncorp Group Ltd said on Tuesday its first-half underlying profit dipped 6%, hurt by weaker performance of its insurance business owing to higher natural hazard costs.
Australia's Suncorp Group Ltd on Tuesday said its first-half net profit more than doubled, helped by the sale of its units and a strong reinsurance programme.
Australia's Suncorp Group <SUN.AX> said on Thursday that costs from the devastating bushfires, hailstorms and heavy rainfall across the country will likely be capped at A$300 million ($205 million) and stay within its full-year provision.
Australia's Suncorp Group said on Thursday that costs from the devastating bushfires, hailstorms and heavy rainfall across the country will likely be capped at A$300 million ($205 million) and stay within its full-year provision.
Australian insurer Suncorp Group <SUN.AX> said on Thursday it has received since September 2,600 bushfire-related claims worth up to A$345 million ($237.05 million), of which nearly a third was recorded in the first few days of the month. Suncorp on Thursday joined its larger...
* Shares gain slightly after the announcement (Recasts text, adds analyst comment, and background)
Australian insurer Suncorp Group Ltd on Thursday said it has received more than 2,600 bushfire-related claims since September with a total estimated cost of between A$315 million to A$345 million ($216.37 million to $236.98 million). ($1 = 1.4558 Australian dollars) (Reporting...
Australian insurer Suncorp Group Ltd <SUN.AX> said it will sell its vehicle repair business for A$420 million ($283.5 million) as it seeks to focus on its core insurance and banking operations after disappointing results in recent times.
Australian insurer Suncorp Ltd said on Tuesday it has agreed sell its vehicle repair business to smash repairer AMA Group Ltd for A$420 million ($283.50 million).
Australian insurer Suncorp Group on Monday announced the appointment of company veteran Steve Johnston as chief executive and managing director.
Australian insurer Suncorp Group Ltd said on Friday it was no longer underwriting insurance for new thermal coal mines or power plants and it will phase out all exposure by 2025 as part of its responsible investment policy.
Australian insurer Suncorp Group Ltd said on Monday it would defend a class-action lawsuit filed in the New South Wales Supreme Court against its unit managing superannuation funds, alleging improper charging of fees.
Australia's Suncorp Group Ltd said on Monday it would defend a representative proceeding filed in the New South Wales Supreme Court against its unit Suncorp Portfolio Services Ltd.
Australian insurer Suncorp Group on Monday said its Chief Executive and Managing Director Michael Cameron will leave the company after spending nearly four years in the role.
Insurer Suncorp Group on Monday said its Chief Executive and Managing Director Michael Cameron will leave the company.
High defaults in residential mortgages backing securitised bonds sold by Australia's Suncorp Group have triggered a clause that limits principal repayments for some investors, the manager of the bonds has told investors. The unusual trigger is the earliest signal of the...
* Shares set for biggest one-day fall in 18 months (Recasts to add regulatory costs, adds share fall)
Australian insurer Suncorp Group Ltd posted a 45 percent fall in its first-half profit on Thursday, hurt by losses arising from a surge in natural hazard claims following a hailstorm in Sydney and lower investment returns.
Australian insurer Suncorp Group Ltd said on Thursday it has received about 24,800 claims following a Sydney hailstorm last month, with the figures likely to rise over the coming weeks as customers return from holiday.
Australian insurer Suncorp Group Ltd said on Thursday that it had received about 24,800 claims following a Sydney hailstorm and expects this number to rise over the coming weeks as customers return from holidays.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.