** Shares of Suncorp SUN.AX fall as much as 3.9% to A$19.940, their biggest intraday pct loss since April 7
** Stock touches its lowest level since April 30
** The insurer says it will defer consideration of capital management until full-year results are released in August, given the recent market turmoil and volatility
** In February, the co noted that its robust capital position provided capacity for further capital management initiatives, most likely on-market buy-backs
** Co says natural hazard costs for the period to April 30 expected to be A$1,115 mln ($719.84 mln), below the FY allowance of A$1,560 mln
** Stock trims YTD gains to 6.7%
($1 = 1.5489 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
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