March 22 (Reuters) - Suncorp Group Ltd (SUN) :
- HAS A COMPREHENSIVE REINSURANCE PROGRAM IN PLACE FOR FY21
- SUNCORP'S FY21 NATURAL HAZARD ALLOWANCE IS $950 MILLION
- AS AT 22 MARCH, SUNCORP RECEIVED AROUND 1,300 CLAIMS WITH OVER 1-IN-5 RECEIVED ONLINE
- CLAIMS NUMBERS ARE EXPECTED TO RISE OVER COMING DAYS.
- MAIN CATASTROPHE PROGRAM HAS A MAXIMUM FIRST EVENT RETENTION OF $250 MILLION
- ADVISED THAT IT WAS TOO EARLY TO ACCURATELY ESTIMATE ULTIMATE NUMBER OF CLAIMS IT EXPECTS TO RECEIVE
- AS OF 28 FEBRUARY 2021 SUNCORP'S TOTAL NATURAL HAZARD COSTS ACROSS AUSTRALIA AND NEW ZEALAND WERE $643 MILLION
News: SUN Suncorp Group Has A Comprehensive Reinsurance Program In Place For FY21
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$20.32 |
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Mkt cap ! $22.01B | |||
| Open | High | Low | Value | Volume |
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