MARKETS SPECTATOR: Suncorp's natural hazards

Confidence is returning in the Sunshine State, but Suncorp's natural hazard's claims have surpassed its forecasts.

Suncorp Group shares have been an investor favorite. The stock’s total return over the last 12 months has been 61 per cent, according to Bloomberg data. Today the shares continued their run, up 2.71 cent to $12.51 at 1333 AEST against benchmark index increase of 1.53 per cent, after Brisbane-based Suncorp told the ASX its gross lending increased 2 per cent to $46.7 billion in the March quarter. Impaired assets in the three months to March 31 were $221 million compared with $216 million in the three months to December 31 and $235 million in the three months to September 30 last year.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles