July 4 (Reuters) - Suncorp Group Ltd (SUN) :
- FY23 REINSURANCE PROGRAM AND GENERAL INSURANCE UPDATE-SUN.AX
- IN FY22 GROUP DEALT WITH 35 SEPARATE EVENTS AND OVER 120,000 NATURAL HAZARD CLAIMS, AT AN EXPECTED COST OF AROUND A$1.1 BILLION
- GROUP'S MAXIMUM EVENT RETENTION HAS BEEN MAINTAINED AT A$250 MILLION FOR FY23
- NATURAL HAZARD ALLOWANCE FOR FY23 IS EXPECTED TO INCREASE TO A$1,160 MILLION
- STILL EXPECTED FY23 UNDERLYING ITR TO BE WITHIN FORECAST 10-12% RANGE
- UPPER LIMIT OF MAXIMUM EVENT RETENTION INCREASED FROM A$6.5 BILLION TO A$6.8 BILLION
News: SUN Suncorp Group Announces FY23 Reinsurance Program And General Insurance Update
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$20.76 |
Change
0.160(0.78%) |
Mkt cap ! $22.48B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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Sellers (Offers)
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|---|---|---|
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