Jan 9 (Reuters) - Suncorp Group Ltd (SUN) :
- SUNCORP GROUP BUSHFIRE AND NATURAL HAZARD UPDATE
- SO FAR RECEIVED MORE THAN 2,600 BUSHFIRE-RELATED CLAIMS
- TOTAL BUSHFIRE COSTS YEAR-TO-DATE BETWEEN $315 TO $345 MILLION (INCLUDES ATTRITIONAL BUSHFIRE COSTS)
- TOTAL NATURAL HAZARDS COSTS FOR 1H20 OF $519 MILLION
- IN 6 MONTHS TO 31 DEC 2019, SUNCORP RECORDED SEVEN NATURAL HAZARD EVENTS GREATER THAN $10 MILLION AND ATTRITIONAL CLAIMS OF $159 MILLION
- ANTICIPATES DEPLOYING ITS TEAMS TO SEVERELY AFFECTED TOWNS OF ULLADULLA AND BATEMANS BAY IN NSW AND BAIRNSDALE IN VICTORIA
- ASSESSMENTS FOR CLAIMS LODGED IN RELATION TO NOV 2019 BUSHFIRES ON NSW CENTRAL COAST, CENTRAL QUEENSLAND COMPLETED
- COMPANY IS ON STANDBY TO ALSO SEND TEAMS TO SOUTH COAST OF NSW AND EAST GIPPSLAND REGION IN VICTORIA WHEN IT IS SAFE
- ASSESSMENTS FOR CLAIMS LODGED IN RELATION TO NOV 2019 BUSHFIRES IN ADELAIDE HILLS REGION ARE EXPECTED TO FINISH THIS WEEK
- REINSURANCE PROGRAM PROVIDES STRONG 2H20 EARNINGS PROTECTION, INCLUDING $200 MILLION STOP LOSS
News: SUN Suncorp Group Updates On Response To Bushfires and Expected Financial Impact
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