.
Suncorp Group Limited (ASX:SUN) has received approximately 23 thousand claims from customers affected by Ex-Tropical Cyclone Oswald in Queensland and New South Wales.
The insurer says its 30 per cent quota share arrangement will limit the net cost of claims to between $200 and $220 million.
Personal insurance CEO Mark Milliner says Suncorp already has assessors visiting homes and builders commencing re-construction work.
Suncorp has an allowance of $520 million for natural hazard events in fiscal 2013.
Suncorp posted a net profit of $728 million in the 2012 financial year.
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Last
$19.70 |
Change
0.030(0.15%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.59 | $19.71 | $19.48 | $35.18M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2065 | $19.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.70 | 80233 | 7 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
