SUN 1.49% $19.71 suncorp group limited

I live in the tropics and when other insurers were wriggling out...

  1. 812 Posts.
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    I live in the tropics and when other insurers were wriggling out of paying, Suncorp honoured all their policy holders in a timely fashion when the last cyclone hit our coast. This proved to be a far better strategy as many switched to Suncorp enhancing their reputation further. Every time we have a cyclone hit the coast the media go berserk with sensationalist footage and the SUN share price dives only to recover a few months later. Apart from their profit warning, market turn down, cyclone season and the Paris talks on climate change have all had an impact.
    Last edited by sewell64: 15/12/15
 
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