SUN 1.29% $19.67 suncorp group limited

do nothing strategy!, page-7

  1. 12,929 Posts.
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    QBE and IAG r better value compared with SUN. I have been consistent in appraising them in the last year IMHO but pls DYOR.

    SUN has mainly NSW/Qld exposure, has a very poor life book, poor wealth management and a bank that needs to be sold to BEN, the inactivity of management in SUN and Brisbane based staffing obligations make SUN the third choice in Australian GI space.
 
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