SUN suncorp group limited

News: SUN Suncorp Says COVID-19 Business Interruption Claims Provision Remains Appropriate

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    Feb 22 (Reuters) - Suncorp Group Ltd (SUN) :

    • BUSINESS INTERRUPTION INSURANCE UPDATE
    • PROVISION FOR POTENTIAL BUSINESS INTERRUPTION CLAIMS RELATING TO COVID-19 OF A$185 MILLION AS AT DEC 31 REMAINS APPROPRIATE
    • ELEMENT OF PROVISIONING RELATING TO POLICIES WHERE INSURING CLAUSES MAY APPLY FOLLOWING JUDGMENT IS NOT EXPECTED TO BE MATERIAL
    • WILL CONTINUE TO WORK THROUGH IMPLICATIONS OF JUDGMENT
 
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Last
$20.60
Change
0.120(0.59%)
Mkt cap ! $22.30B
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