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SUNCORP GROUP LTD

20.180

-0.080-0.39%

Volume:1.30M

Turnover:26.37M

Market Cap:21.85B

PE:12.86

High:20.480

Open:20.380

Low:20.120

Close:20.260

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Overview Company News Filings

IAG Appears Better Positioned for Ex-Tropical Cyclone Claims -- Market Talk

Global Partners, RoadFlex Collaborate to Expand Fuel Discount Network

MT Newswires Live

BRIEF-Suncorp Receives Around 7,800 Claims Due To Cyclone Alfred

How Brisbane Olympics can avoid Suncorp Stadium’s mistakes

The Australian Financial Review

Suncorp Receives 7,800 Claims Across Queensland and New South Wales in Wake of Tropical Cyclone Alfred

MT Newswires Live

Sun - Update on Ex-Tropical Cyclone Alfred-Sun.ax

THOMSON REUTERS

Suncorp Group Ltd - Main Catastrophe Cover Provides up to a$6.75 Billion Protection

THOMSON REUTERS

Suncorp Group Ltd - Cyclone Reinsurance Pool Covers Damage up to 6Am on 10 March

THOMSON REUTERS

Suncorp Group Ltd - Receives Around 7,800 Claims Due to Cyclone Alfred

THOMSON REUTERS

Suncorp receives almost 8,000 claims after Tropical Cyclone Alfred

Business News Australia

BUZZ-Australian insurers gain on Cyclone Alfred downgrade

Insurance catastrophe declared to speed up claims in the aftermath of Cyclone Alfred

Business News Australia

BUZZ-Australian insurers eye weekly loss on Cyclone Alfred fears

Individual investors who have a significant stake must be disappointed along with institutions after Suncorp Group Limited's (ASX:SUN) market cap dropped by AU$1.4b

Simply Wall St.

Indonesia Raises Rp30 Trillion from Sovereign Bond Auction

Insurers prepare for Cyclone Alfred’s Queensland impact

Suncorp Group Prepares for Tropical Cyclone Alfred Landfall

MT Newswires Live

BRIEF-Suncorp Provides Update On Tropical Cyclone Alfred

BUZZ-Australia's Suncorp pares losses on reinsurance program ahead of cyclone

Update on Tropical Cyclone Alfred-Sun.ax

THOMSON REUTERS

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They tell clients that while more claims are expected to flow from New South Wales state, it's possible that the Australian government's reinsurance program could leave IAG with claims costs within its maximum event retention. IAG has flagged 2,500 early claims, compared with about 7,800 at Suncorp. The government program could provide substantial protection for insurers, they add. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7034","IAG.AU","BK4017","IAG","SNMCY","SUN.AU","BK4107"],"gpt_icon":0},{"id":"2518726967","title":"Global Partners, RoadFlex Collaborate to Expand Fuel Discount Network","url":"https://stock-news.laohu8.com/highlight/detail?id=2518726967","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518726967?lang=en_us&edition=fundamental","pubTime":"2025-03-11 23:40","pubTimestamp":1741707602,"startTime":"0","endTime":"0","summary":"Global Partners  is collaborating with RoadFlex to expand the latter's fuel discount network, RoadFlex said Tuesday.Financial details weren't disclosed.Through this collaboration, RoadFlex customers can save on fuel at Global Partners' stations across 11 states using a Visa's  fleet card.The partnership offers discounted fuel at various branded stations, including Shell , BP , Exxon Mobil , Sunoco , among others, RoadFlex said.RoadFlex customers can take advantage of these discounts alongside RoadFlex's advanced Fuel Risk Management Platform, which features purchase controls and detailed fuel analytics and reporting.Price: 53.99, Change: +0.16, Percent Change: +0.30","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1267930573.SGD","XOM","LU2089283258.USD","LU2404859741.USD","LU1823568750.SGD","LU0251132253.USD","IE00BKDWB100.SGD","LU2347655156.SGD","LU0792757196.USD","LU1066051498.USD","LU1037948541.HKD","SHEL","LU0965509283.SGD","BP","SG9999002232.USD","BK4534","LU0154236417.USD","LU1043141123.HKD","LU2125154778.USD","SG9999015341.SGD","LU0795875169.SGD","GLP","LU1064131342.USD","LU2430703095.HKD","LU1430597077.USD","SUN.AU","SG9999001424.SGD","LU2602419157.SGD","LU1150488218.USD","LU0006306889.USD","LU0106261372.USD","LU0342679015.USD","SUN","LU1162221912.USD","LU2361045086.USD","LU0878866978.SGD","IE000M9KFDE8.USD","IE00BQXX3C00.GBP","LU0320765059.SGD","LU1046421795.USD","LU1582986433.USD","LU1815333072.USD","BK4592","SG9999015358.SGD","LU2087625088.SGD","LU0124676726.USD","LU0158827948.USD","LU1435385759.SGD","LU1236620834.HKD"],"gpt_icon":1},{"id":"2518687207","title":"BRIEF-Suncorp Receives Around 7,800 Claims Due To Cyclone Alfred","url":"https://stock-news.laohu8.com/highlight/detail?id=2518687207","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518687207?lang=en_us&edition=fundamental","pubTime":"2025-03-11 14:07","pubTimestamp":1741673253,"startTime":"0","endTime":"0","summary":"BRIEF-Suncorp Receives Around 7,800 Claims Due To Cyclone AlfredMarch 11 (Reuters) - Suncorp Group Ltd SUN.AX:UPDATE ON EX-TROPICAL CYCLONE ALFREDRECEIVES AROUND 7,800 CLAIMS DUE TO CYCLONE ALFREDCYCL","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250311:nFWN3PT0M7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7034","SUN.AU"],"gpt_icon":0},{"id":"2518614967","title":"How Brisbane Olympics can avoid Suncorp Stadium’s mistakes","url":"https://stock-news.laohu8.com/highlight/detail?id=2518614967","media":"The Australian Financial Review","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518614967?lang=en_us&edition=fundamental","pubTime":"2025-03-11 13:52","pubTimestamp":1741672320,"startTime":"0","endTime":"0","summary":"With just two weeks until Queensland announces its Brisbane Olympics stadium plans, urban designers are warning the state government to avoid repeating mistakes made at Suncorp stadium that created traffic disruptions and higher police bills.The LNP state government last weekend received the recommendations of an independent 100-day review into Olympic infrastructure. The findings will be announced on March 25.Loading...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.afr.com/property/commercial/how-brisbane-olympics-can-avoid-suncorp-stadium-s-mistakes-20250305-p5lh6o","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"afr_stock","symbols":["SUN.AU"],"gpt_icon":0},{"id":"2518353657","title":"Suncorp Receives 7,800 Claims Across Queensland and New South Wales in Wake of Tropical Cyclone Alfred","url":"https://stock-news.laohu8.com/highlight/detail?id=2518353657","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518353657?lang=en_us&edition=fundamental","pubTime":"2025-03-11 08:45","pubTimestamp":1741653915,"startTime":"0","endTime":"0","summary":"Suncorp Group  said it received around 7,800 claims across Queensland and New South Wales as of Tuesday in the wake of strong winds, heavy rainfall, and flooding caused by Tropical Cyclone Alfred, according to a same-day Australian bourse filing.Around 7,200 claims were in the Home category, including over 2,100 food spoilages, with most falling within the cyclone reinsurance pool coverage period.It noted that the federal government's cyclone reinsurance pool provides cover for damage that occurred up to early Monday, March 10.Its chief executive Steve Johnston said that the company is supporting customers in filing claims and providing immediate assistance, including emergency repairs.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7034","SUN.AU"],"gpt_icon":0},{"id":"2518874907","title":"Sun - Update on Ex-Tropical Cyclone Alfred-Sun.ax","url":"https://stock-news.laohu8.com/highlight/detail?id=2518874907","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518874907?lang=en_us&edition=fundamental","pubTime":"2025-03-11 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07:42","pubTimestamp":1741650122,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nFWN3PT0M7:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SUN.AU","BK7034"],"gpt_icon":0},{"id":"2518073766","title":"Suncorp receives almost 8,000 claims after Tropical Cyclone Alfred","url":"https://stock-news.laohu8.com/highlight/detail?id=2518073766","media":"Business News Australia","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518073766?lang=en_us&edition=fundamental","pubTime":"2025-03-11 00:00","pubTimestamp":1741622400,"startTime":"0","endTime":"0","summary":"Extreme weather caused by Tropical Cyclone Alfred has led to 7,800 ...","market":"nz","thumbnail":"https://assets.cdn.thewebconsole.com/S3WEB6082/a_images/67cf8bfe39568.jpg?v=2&m=a7231608b47030503408ecaf1c70734b&lqip(10)","type":0,"news_type":0,"thumbnails":["https://assets.cdn.thewebconsole.com/S3WEB6082/a_images/67cf8bfe39568.jpg?v=2&m=a7231608b47030503408ecaf1c70734b&lqip(10)"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businessnewsaustralia.com/articles/suncorp-receives-almost-8-000-claims-after-tropical-cyclone-alfred.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"businessau_stock","symbols":["SUN.AU","BK7034"],"gpt_icon":0},{"id":"2518025559","title":"BUZZ-Australian insurers gain on Cyclone Alfred downgrade","url":"https://stock-news.laohu8.com/highlight/detail?id=2518025559","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518025559?lang=en_us&edition=fundamental","pubTime":"2025-03-10 09:35","pubTimestamp":1741570550,"startTime":"0","endTime":"0","summary":"BUZZ-Australian insurers gain on Cyclone Alfred downgrade** Australian insurers gain after Cyclone Alfred gets downgraded to a \"tropical low\" on Saturday** Suncorp SUN.AX gains as much as 4% to hit A$19.48, most since February 20** QBE Insurance QBE.AX gains 1.5%, while Insurance Australia Group IAG.AX up 1.2%** Australian insurance had reinsurance programmes in place in preparation of the Cyclone making landfall  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT03C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SUN.AU","QBE.AU","IAG.AU"],"gpt_icon":0},{"id":"2518293743","title":"Insurance catastrophe declared to speed up claims in the aftermath of Cyclone Alfred","url":"https://stock-news.laohu8.com/highlight/detail?id=2518293743","media":"Business News Australia","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518293743?lang=en_us&edition=fundamental","pubTime":"2025-03-10 00:00","pubTimestamp":1741536000,"startTime":"0","endTime":"0","summary":"Tropical Cyclone Alfred and its wave of destruction in Queensland a...","market":"nz","thumbnail":"https://assets.cdn.thewebconsole.com/S3WEB6082/a_images/67ce327867d12.jpg?v=2&m=2d6e17f00f8d43610dda751e2c0b628c&lqip(10)","type":0,"news_type":0,"thumbnails":["https://assets.cdn.thewebconsole.com/S3WEB6082/a_images/67ce327867d12.jpg?v=2&m=2d6e17f00f8d43610dda751e2c0b628c&lqip(10)"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businessnewsaustralia.com/articles/insurance-catastrophe-declared-to-speed-up-claims-in-the-aftermath-of-cyclone-alfred.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"businessau_stock","symbols":["IAG.AU","BK7034","SUN.AU"],"gpt_icon":0},{"id":"2517452801","title":"BUZZ-Australian insurers eye weekly loss on Cyclone Alfred fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2517452801","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517452801?lang=en_us&edition=fundamental","pubTime":"2025-03-07 09:29","pubTimestamp":1741310991,"startTime":"0","endTime":"0","summary":"BUZZ-Australian insurers eye weekly loss on Cyclone Alfred fears** Shares in Australian insurers were set for weekly losses as the sector prepares for tropical cyclone Alfred** Insurance Australia Group IAG.AX trading 1.1% lower for the week while Suncorp SUN.AX and QBE Insurance QBE.AX were on track to lose 5% and 2.7%, respectively** QBE set to snap two consecutive weeks of gains while shares in both IAG and SUN ended in the green last week** Thousands of residents in Australia's east were ordered to evacuate ahead of Tropical Cyclone Alfred's landfall on Saturday as the storm brought heavy rains, huge waves and strong winds that cut off power, eroded beaches and closed airports** IAG and SUN earlier in the week clarified they had a proper reinsurance program in place to deal with effects of the cyclone  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nL3N3PQ055:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SUN.AU","QBE.AU","IAG.AU","BK7034"],"gpt_icon":0},{"id":"2517902975","title":"Individual investors who have a significant stake must be disappointed along with institutions after Suncorp Group Limited's (ASX:SUN) market cap dropped by AU$1.4b","url":"https://stock-news.laohu8.com/highlight/detail?id=2517902975","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517902975?lang=en_us&edition=fundamental","pubTime":"2025-03-06 12:23","pubTimestamp":1741235035,"startTime":"0","endTime":"0","summary":"The considerable ownership by individual investors in Suncorp Group indicates that they collectively have a greater say in management and business strategy. A total of 25 investors have a majority stake in the company with 37% ownership. Every investor in Suncorp Group Limited  should be aware of the most powerful shareholder groups. With 59% stake, individual investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises .Following a 6.4% decrease in the stock price last week, individual investors suffered the most losses, but institutions who own 41% stock also took a hit.Let's take a closer look to see what the different types of shareholders can tell us about Suncorp Group.The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interest","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/individual-investors-significant-stake-must-042355130.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["BK4590","SUN.AU","SUNPI.AU","SUNPG.AU","BK7034","SUNPH.AU","SUNPJ.AU","BK4138","SUN"],"gpt_icon":0},{"id":"2517919970","title":"Indonesia Raises Rp30 Trillion from Sovereign Bond Auction","url":"https://stock-news.laohu8.com/highlight/detail?id=2517919970","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517919970?lang=en_us&edition=fundamental","pubTime":"2025-03-05 19:10","pubTimestamp":1741173057,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta - The Indonesian government raised Rp30 trillion from the auction of State Debt Securities  held on Tuesday, March 4, 2025. The total bids received during this auction amounted to Rp75.7 trillion.Eight series of debt securities were offered through the Bank Indonesia auction system, namely the SPN03250604 series , SPN12260305 series , FR0104 series , FR0103 series , FR0106 series , FR0107 series , FR0102 series , and FR0105 series .\"The total nominal amount won from the eight series offered was Rp30,000,000,000,000.00 ,\" as stated in a release from the Directorate General of Financing and Risk Management  of the Ministry of Finance, quoted on Wednesday, March 5, 2025.","market":"sg","thumbnail":"https://statik.tempo.co/data/2024/10/10/id_1344163/1344163_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2024/10/10/id_1344163/1344163_720.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/1982954/indonesia-raises-rp30-trillion-from-sovereign-bond-auction","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["US5Y.BOND","BK4590","SUN.AU","US2Y.BOND","US3Y.BOND","US7Y.BOND","BK7034","US6M.BOND","US10Y.BOND","BK4138","US30Y.BOND","US12M.BOND","SUN"],"gpt_icon":0},{"id":"2516622288","title":"Insurers prepare for Cyclone Alfred’s Queensland impact","url":"https://stock-news.laohu8.com/highlight/detail?id=2516622288","media":"skynews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516622288?lang=en_us&edition=fundamental","pubTime":"2025-03-04 17:43","pubTimestamp":1741081402,"startTime":"0","endTime":"0","summary":"As Cyclone Alfred is forecast to make landfall in southeast Queensland on Thursday, residents in Brisbane and the Northern Rivers region of New…","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.skynews.com.au/business/insurers-prepare-for-cyclone-alfreds-queensland-impact/video/b2156ad061229fdf23fd87f972d7ba6c","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"skynews_highlight","symbols":["BK7034","SUN.AU"],"gpt_icon":0},{"id":"2516153886","title":"Suncorp Group Prepares for Tropical Cyclone Alfred Landfall","url":"https://stock-news.laohu8.com/highlight/detail?id=2516153886","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516153886?lang=en_us&edition=fundamental","pubTime":"2025-03-04 11:49","pubTimestamp":1741060170,"startTime":"0","endTime":"0","summary":"Suncorp Group  said it is preparing for the impact on large areas of southeast Queensland and northern New South Wales from a potential landfall by Tropical Cyclone Alfred this week, according to a Tuesday filing with the Australian bourse.The firm has a reinsurance program to provide protection against large weather events, with a maximum event retention of AU$350 million.Its main catastrophe cover provides protection of up to AU$6.75 billion with a full reinstatement in place, per the filing. Suncorp also maintains some residual cover from its Queensland Quota Share arrangement, which remains in place for around 25% of home customers in the state.Suncorp's disaster Management center is active, and its disaster response team is monitoring the weather system as it approaches the Queensland coast. It is preparing our response and claims teams to assist impacted customers.The insurer's shares fell nearly 2% in recent trading on Tuesday.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7034","SUN.AU"],"gpt_icon":0},{"id":"2516699814","title":"BRIEF-Suncorp Provides Update On Tropical Cyclone Alfred","url":"https://stock-news.laohu8.com/highlight/detail?id=2516699814","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516699814?lang=en_us&edition=fundamental","pubTime":"2025-03-04 09:21","pubTimestamp":1741051260,"startTime":"0","endTime":"0","summary":"BRIEF-Suncorp Provides Update On Tropical Cyclone AlfredMarch 4  - Suncorp Group Ltd SUN.AX:UPDATE ON TROPICAL CYCLONE ALFREDPREPARES FOR TROPICAL CYCLONE ALFRED IMPACTHAS REINSURANCE PROGRAM WITH A$350 MILLION RETENTIONRESIDUAL COVER FOR 25% OF HOME CUSTOMERSA$277 MILLION BELOW NATURAL HAZARD ALLOWANCE IN 1H25Further company coverage: SUN.AX ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nFWN3PM0Z5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7034","SUN.AU"],"gpt_icon":0},{"id":"2516696727","title":"BUZZ-Australia's Suncorp pares losses on reinsurance program ahead of cyclone","url":"https://stock-news.laohu8.com/highlight/detail?id=2516696727","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516696727?lang=en_us&edition=fundamental","pubTime":"2025-03-04 09:17","pubTimestamp":1741051071,"startTime":"0","endTime":"0","summary":"BUZZ-Australia's Suncorp pares losses on reinsurance program ahead of cyclone** Australian insurer Suncorp's SUN.AX shares narrow declines to 1.7% at A$19.34, after falling 2.7% earlier** Co announces that it is preparing for Tropical Cyclone Alfred to make landfall later this week in Australia** Says the government's Cyclone Reinsurance Pool provides cover for damages, and highlights its own reinsurance program for large weather events** Says its main catastrophe cover provides protection of up to A$6.75 billion  with a full reinstatement in place** Stock is up 1.9% this year  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