ASX:SUNInsurance
Suncorp (ASX:SUN) Valuation After Major Queensland Storm Claims and Ongoing Share Buyback Program
Suncorp Group (ASX:SUN) is back in focus after late November storms generated more than 18,000 insurance claims in Queensland, with management flagging an estimated A$350 million net cost hitting its reinsurance cap.
See our latest analysis for Suncorp Group.
The A$350 million storm hit comes after a tough stretch for the stock, with a 1 month share price return of minus 9.31 percent and a year to date share price return of minus 22.86 percent. However, the 5 year total shareholder return of...