July 1 (Reuters) - Australia's Suncorp Group Ltd (SUN) said on Wednesday it had set aside A$90 million to A$130 million ($62 million-$90 million) for natural hazard costs in 2020/21, much lower than last year, when bushfires ravaged large parts of the country.
Australia's second-largest insurer, which estimated A$820 million in natural hazard costs for 2019/20, also named Clive van Horen as chief executive of its banking unit.
($1 = 1.4486 Australian dollars)
News: SUN Australia insurer Suncorp sees lower natural hazard costs for 2020/21
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$21.18 |
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0.130(0.62%) |
Mkt cap ! $22.93B | |||
| Open | High | Low | Value | Volume |
| $21.28 | $21.43 | $21.15 | $24.02M | 1.130M |
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