Feb 9 (Reuters) - Suncorp Group Ltd SUN.AX :
* H1 NET PROFIT ATTRIBUTABLE DOWN 23.68% TO $490 MLN
* H1 REVENUE FROM ORDINARY ACTIVITIES UP 4.22% TO $7,352 MLN
* SUNCORP GROUP ANNOUNCES ORDINARY DIVIDEND OF 26 CENTS PER SHARE
* OPERATING EXPENSE BASE INCLUDING RESTRUCTURING CHARGES IS EXPECTED TO BE AROUND $2.8 BILLION IN FY21 AND FY22
* FY23 OPERATING EXPENSE BASE EXPECTED TO RETURN TO AROUND $2.7 BILLION
* REMAINS COMMITTED TO MAINTAINING A DIVIDEND PAYOUT RATIO OF 60-80 PER CENT OF CASH EARNINGS
* SUNCORP GROUP MAINTAINS A ROBUST REINSURANCE PROGRAM TO PROVIDE PROTECTION FROM NATURAL HAZARD COSTS.
* GROUP'S CATASTROPHE REINSURANCE COVERS REMAINED FULLY INTACT AT 31 DEC 2020, AVAILABLE TO BE USED FOR REMAINDER OF FY21