Suncorp Group (ASX:SUN) said a speculative article in The Australian regarding preliminary takeover talks between the company and Tokio Marine may be the reason for a recent increase in its share price and trading volumes, according to a Thursday filing with the Australian bourse.

In response to a query from the ASX, the company said it is not aware of any undisclosed information that could explain the recent trading in its securities.

Suncorp said it is not in discussions over a takeover and has not received a takeover offer. It also confirmed its compliance with listing rules.

The company's shares fell 5% in recent Thursday trade.