July 5 (Reuters) - Suncorp Group Ltd (SUN) :
- FY25 REINSURANCE PROGRAM UPDATE
- COST OF FY25 CATASTROPHE REINSURANCE PROGRAM EXPECTED TO BE BROADLY IN LINE WITH FY24
- SUNCORP MAINTAINS ITS MAXIMUM EVENT RETENTION OF A$350 MILLION FOR A FIRST LARGE EVENT AND A$250 MILLION FOR A SECOND LARGE EVENT
- NATURAL HAZARD ALLOWANCE FOR FY25 IS EXPECTED TO INCREASE TO A$1.565 BILLION
- FY25 REINSURANCE PROGRAM CHANGES HAVE NO MATERIAL IMPACT ON TARGET CAPITAL FOR GROUP
- CONTINUES TO EXPECT FY24 UNDERLYING MARGINS TO BE AROUND MIDDLE OF 10% TO 12% RANGE
(([email protected];))
News: SUN Suncorp Group Provides FY25 Reinsurance Program Update
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$20.96 |
Change
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Mkt cap ! $22.69B | |||
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