BRIEF-Suncorp Group Says Total Cost Of Natural Hazard Events For 1H26 Expected To Be A$1,319 Million

Reuters
Jan 12
BRIEF-Suncorp Group Says Total Cost Of Natural Hazard Events For 1H26 Expected To Be A$1,319 Million

Jan 12 (Reuters) - Suncorp Group Ltd SUN.AX:

  • AS OF 11 JANUARY, SUNCORP HAD RECEIVED AROUND 80 HOME AND MOTOR INSURANCE CLAIMS FROM EX-TROPICAL CYCLONE KOJI

  • TOTAL COST OF NATURAL HAZARD EVENTS FOR 1H26 IS EXPECTED TO BE A$1,319 MILLION

  • RETENTION FOR NEXT LARGE AUSTRALIAN EVENT REDUCED TO A$260 MILLION, BASED ON CURRENT ESTIMATES

Further company coverage: SUN.AX

((Reuters.Briefs@thomsonreuters.com;))

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