Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement

Suncorp Group Limited

Provision of insurance and banking products and services to retail, corporate and commercial customers in Australia and New Zealand.

SUN$13.840
 -0.020 -0.14%

Data last updated:Dec 21, 2023 – 12.28pm. Data is 20 mins delayed.

Previous Close

13.860

Open

13.920

Day Range

13.825 - 13.970

52 Week Range

11.455 - 14.410

Volume

1,512,994

Value

21,052,388

Bid

13.830

Ask

13.840

Dividend Yield

4.38%

P/E Ratio

15.48

Market Cap

17.561B

Total Issue

1,270,262,714

ASX Announcements

Section 259C(2) disclosure

Security holder details - Other

  • Dec 20, 2023
  • 1 page

Appendix 3Z - Douglas McTaggart

Final Director’s Interest Notice

  • Dec 18, 2023
  • 2 pages

Dividend/Distribution - SUNPI

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Dec 18, 2023
  • 5 pages

Dividend/Distribution - SUNPH

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Dec 18, 2023
  • 5 pages

Dividend/Distribution - SUNPG

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Dec 18, 2023
  • 5 pages

View all SUN announcements

Yesterday

Defence Force personnel help out in evacuations following flooding in Cairns.

Cyclone Jasper’s damage bill mounts as rain eases

While rainfall eases in North Queensland, the cost wrought by Cyclone Jasper is rising.

  • Updated
  • Liam Walsh, Sarah Mitchell and Tess Bennett

This Month

Flooding around Tully in far north Queensland following heavy rain from ex-tropical cyclone Jasper.

Cyclone insurance back-up scheme likely off-limits for Qld floods

Insurance companies are unlikely to be able to access a Commonwealth reinsurance project to offset costs of paying out victims of the North Queensland flooding, which could lead to a rise in premiums.

  • Updated
  • Liam Walsh
Brisbane’s key business lunch zone Eagle Street was inundated during the 2022 floods.

Insurers warn of cutting flood cover options or even customers

Insurers have warned some coverage options might have to be changed after devastating floods last year.

  • Liam Walsh
ANZ and Suncorp are facing the ACCC at the Australian Competition Tribunal. A decision is due late February.

The fate of ANZ and Suncorp deal is in the hands of these three people

The high-stakes legal battle over whether the $4.9 billion transaction should proceed is half done. And so far, it is unclear who’s on top.

  • James Eyers
the ACCC said that a merged ANZ/Suncorp would “further entrench an oligopoly” and hurt competition.

ANZ argues plenty of competition in bid to reverse blocked deal

The bank’s lawyers told a tribunal that the ACCC made an error in blocking the deal, and changes to the lending sector had only boosted competition.

  • Lucas Baird
Advertisement

November

Insurers have been fined for not passing on discounts on policies such as car insurance.

Couple of sentences could have avoided insurer’s $10m fine

RACQ has been hit with a Federal Court penalty in the latest fallout for insurers and their failures to pass on discounts to policyholders.

  • Liam Walsh
There is more demand for cyber security than supply, but Australia’s big general insurers are not jumping in to cover the gap.

The one risk big insurers won’t take

There may be strong demand for cyber insurance, but the local sector is not running towards that fire. Even if it is a growing piece of the insurance pie.

  • Anthony Macdonald
ANZ has linked bonuses for staff to the amount of time they spend in the office.

ANZ links bonuses to office attendance

The bank’s employees have been told their annual reward may be slashed if they fail to spend at least half of their scheduled working hours in the office. 

  • Euan Black

ANZ sets out five reasons the ACCC was wrong to block Suncorp deal

Submissions published by the competition tribunal reveal the arguments ANZ and Suncorp will make at a hearing next month to get it to overturn the regulator.

  • James Eyers

Companies have started linking bonuses to working in the office

Origin Energy and Suncorp Group employees risk having their bonuses cut if they do not comply with rules around minimum office attendance.

  • Euan Black

October

Suncorp cuts management jobs in latest finance sector losses

But the company does not expect any other major changes ahead of an appeal on the decision to block the sale of its banking arm to ANZ scheduled for next year.

  • Liam Walsh
Suncorp CEO Steve Johnston needs to get the ANZ deal over the line.

Queensland wants its voice heard in battle over ANZ-Suncorp deal

The Queensland government wants the public benefits it secured from the ANZ/Suncorp deal put front and centre as the Australian Competition Tribunal reviews the deal.

  • James Thomson

September

Clive van Horen.

Suncorp’s bank boss to leave with ANZ fight looming

Clive van Horen says his new role is a good opportunity, and leaving Suncorp has nothing to do with a looming competition decision.

  • Liam Walsh and Lucas Baird
Costs of some reinsurance protection for insurers is becoming prohibitive, following disasters such as last year’s east coast floods.

Youi’s profits lift, but some insurer costs become prohibitive

Even as affordability concerns spike, insurers say customers are not dumping cover.

  • Liam Walsh
Australia moves towards El Nino conditions with a higher risk of bushfires.

Warmer El Niño will boost insurer profits

One analyst says catastrophe claims in El Nino periods are broadly on par with that of neutral weather patterns, and 42 per cent lower than in La Nina.

  • Lucas Baird
Advertisement
Stephen Jones: deeply immersed in the insurance industry

Guess who’s joining Stephen Jones on his Euro jaunt?

Joining the Financial Services Minister’s delegation are representatives from an insurance industry under extraordinary regulatory scrutiny.

  • Updated
  • Myriam Robin
‘More action’: Dylan Stringer, who has been frustrated with how his flood insurance claim from February last year has been handled.

Insurers behaving badly: who will pay the price?

Bloodied carpets. Repair delays. Sly pricing accusations. While investors warm to insurers, government oversight is rising and crackdowns have struck overseas.

  • Liam Walsh
AMA chief Carl Bizon.

Why repair times have worsened for fixing smashed cars

Smash repair giant AMA Group has just posted another massive loss, but says times are turning around.

  • Liam Walsh
IAG is defending new claims from ASIC about the way an algorithm allegedly priced premiums.

This sly algorithm is allegedly targeting loyal insurance clients

The industry has for years had the capability to charge higher premiums for certain people renewing policies.

  • Liam Walsh
Carl Bizon says he will remain a shareholder in AMA.

AMA’s CEO, chairman out amid capital raising for smash chain

The CEO says he will remain a shareholder in Australia’s biggest smash repair chain, which has bled more than $300 million in three years.

  • Liam Walsh

Copyright © 2023. Company information displayed on The Australian Financial Review is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our Terms of Use. The Australian Financial Review does not accept any responsibility for the accuracy and/or completeness of such data or information.