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Suncorp Group Appoints Steve Johnston As Group CEO
Suncorp Group Updates On Organizational Changes
Suncorp Group Sees FY20 Regulatory Project Costs Of $155 Mln
Suncorp Group Limited is engaged in the provision of general insurance, banking, life insurance, superannuation products and related services to the retail, corporate and commercial sectors in Australia and New Zealand. The Company's segments include Personal Insurance, which provides home and contents, motor, boat and travel insurance products; Commercial Insurance, which provides commercial motor, commercial property, marine, industrial special risks, loan protection insurance products and others; General Insurance New Zealand, which provides motor, marine, business, rural, travel insurance products and others; Bank, which provides personal and commercial banking, property and equipment finance, home, personal and small business loans and others; Life, which provides superannuation administration services, financial planning and funds administration services, and Corporate, which includes investment of the Company's capital, business strategy activities and its shared services.
Insurance (Prop. & Casualty)
Suncorp Ctr, L 18 36 Wickham Tce
Christine F. McLoughlin
Non-Executive Independent Chairman of the Board
Chief Executive Officer, Executive Director
Acting Group Chief Financial Officer
Chief Executive Officer - Banking and Wealth
Chief Executive Officer - Insurance
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Australian insurer Suncorp Group on Monday announced the appointment of company veteran Steve Johnston as chief executive and managing director.
Australian insurer Suncorp Group Ltd said on Friday it was no longer underwriting insurance for new thermal coal mines or power plants and it will phase out all exposure by 2025 as part of its responsible investment policy.
Australian insurer Suncorp Group Ltd said on Monday it would defend a class-action lawsuit filed in the New South Wales Supreme Court against its unit managing superannuation funds, alleging improper charging of fees.
Australia's Suncorp Group Ltd said on Monday it would defend a representative proceeding filed in the New South Wales Supreme Court against its unit Suncorp Portfolio Services Ltd.
Australian insurer Suncorp Group on Monday said its Chief Executive and Managing Director Michael Cameron will leave the company after spending nearly four years in the role.
Insurer Suncorp Group on Monday said its Chief Executive and Managing Director Michael Cameron will leave the company.
High defaults in residential mortgages backing securitised bonds sold by Australia's Suncorp Group have triggered a clause that limits principal repayments for some investors, the manager of the bonds has told investors. The unusual trigger is the earliest signal of the...
* Shares set for biggest one-day fall in 18 months (Recasts to add regulatory costs, adds share fall)
Australian insurer Suncorp Group Ltd posted a 45 percent fall in its first-half profit on Thursday, hurt by losses arising from a surge in natural hazard claims following a hailstorm in Sydney and lower investment returns.
Australian insurer Suncorp Group Ltd said on Thursday it has received about 24,800 claims following a Sydney hailstorm last month, with the figures likely to rise over the coming weeks as customers return from holiday.
Australian insurer Suncorp Group Ltd said on Thursday that it had received about 24,800 claims following a Sydney hailstorm and expects this number to rise over the coming weeks as customers return from holidays.
Australian insurer Suncorp Group Ltd said on Friday a Sydney hailstorm on Thursday could cost the company a maximum A$250 million ($177.83 million), but it was too early to estimate the number of claims it could receive.
Australian insurer Suncorp Group said on Friday that a Sydney hailstorm on Thursday had the potential to cost the company a maximum of A$250 million ($177.83 million), but it was too early to estimate the number of claims it could receive.
Suncorp Group on Tuesday postponed the targeted close of the A$725 million ($520.04 million) sale of its Australian life insurance business to Japan's Dai-ichi Life, citing the timing of regulatory approvals.
Dai-ichi Life Holdings Inc <8750.T> said on Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group Ltd <SUN.AX>, for A$640 million ($460 million), in the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market...
Australia's Suncorp Group is selling its life insurance division to Dai-ichi Life Holdings for $540 million, making the Japanese firm Australia's biggest in a sector that domestic companies are scrambling to quit.
Insurer Suncorp Group Ltd said on Thursday it had entered an agreement to sell its life insurance division to a unit of Dai-Ichi Life Holdings for A$725 million ($538.82 million), ending more than a year of speculation over a sale it had considered since early 2017.
Australia's second largest general insurer Suncorp Group Ltd posted a 1.5 percent fall in annual profit on Thursday, hurt by rising costs.
Australia's Suncorp Group Ltd <SUN.AX> told a powerful inquiry into financial sector misconduct on Friday that it had extended loans negligently in some cases, but that it acted fairly in pursuing customers struggling to make repayments.
* ANNOUNCED CHAIRMAN ZIGGY SWITKOWSKI AO WILL RETIRE FROM BOARD
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