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Suncorp Group Limited (ASX:SUN) has received approximately 23 thousand claims from customers affected by Ex-Tropical Cyclone Oswald in Queensland and New South Wales.
The insurer says its 30 per cent quota share arrangement will limit the net cost of claims to between $200 and $220 million.
Personal insurance CEO Mark Milliner says Suncorp already has assessors visiting homes and builders commencing re-construction work.
Suncorp has an allowance of $520 million for natural hazard events in fiscal 2013.
Suncorp posted a net profit of $728 million in the 2012 financial year.
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Last
$21.07 |
Change
-0.110(0.52%) |
Mkt cap ! $22.81B | |||
| Open | High | Low | Value | Volume |
| $20.93 | $21.16 | $20.88 | $18.64M | 885.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1068 | $21.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.08 | 34 | 1 |
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| Last trade - 16.12pm 15/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |