Suncorp Group Ltd

10.31

+0.0000

Volume:- -

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Market Cap:9.50B

PE:9.04

High:10.31

Open:10.31

Low:10.31

Close:10.31

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IAG Appears Better Positioned for Ex-Tropical Cyclone Claims -- Market Talk

Dow Jones

·

12 Mar

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They tell clients that while more claims are expected to flow from New South Wales state, it's possible that the Australian government's reinsurance program could leave IAG with claims costs within its maximum event retention. IAG has flagged 2,500 early claims, compared with about 7,800 at Suncorp. The government program could provide substantial protection for insurers, they add. 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