Feb 14 (Reuters) - Suncorp Group Ltd SUN.AX :
* IN FY20, SUNCORP WILL INCREASE ITS NATURAL HAZARD ALLOWANCE FROM $720M TO $820M
* SUNCORP'S FY19 UNDERLYING OPERATIONAL PERFORMANCE IS TRACKING IN LINE WITH EXPECTATIONS
* NATURAL HAZARD COSTS FOR 1H19 OF $580M WERE $220M ABOVE ALLOWANCE OF $360M FOR HALF
* INVESTMENT IN REGULATORY PROJECTS AND SYSTEM ENHANCEMENTS IN FY19 IS EXPECTED TO EXCEED ORIGINAL ESTIMATE OF ABOUT $90M BY $50M