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BRIEF-Suncorp Group Updates On Financial Impact Of Natural Hazard Events

Published 08/01/2018, 09:00 am
Updated 08/01/2018, 09:10 am
© Reuters.  BRIEF-Suncorp Group Updates On Financial Impact Of Natural Hazard Events
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Jan 8 (Reuters) - Suncorp Group Ltd SUN.AX :

* FOLLOWING HAILSTORM IN MELBOURNE, FINANCIAL IMPACT IS TO BE IN A RANGE OF $160-170 MILLION FOR HY

* TOTAL NATURAL HAZARD CLAIM COSTS FOR SIX MONTHS TO 31 DECEMBER 2017 IS CURRENTLY ESTIMATED TO BE IN RANGE $406-416 MILLION

* FOLLOWING HAILSTORM IN MELBOURNE ON DEC 19, CO EXPECTS TO RECEIVE MORE THAN 21,000 CLAIMS ACROSS ITS INSURANCE BRANDS

* SUNCORP REMAINS WELL PROTECTED AGAINST FURTHER NATURAL HAZARD EVENTS

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