From: AAP The Australian May 29, 2012
FINANCIAL group Suncorp says its insurance business is improving from a torrid 2011, but other areas of the business will take longer to meet growth targets due to a volatile market.
Reported by AAP Nine News Tuesday, May 29, 2012
Suncorp will roll out yet another cost cutting program aimed at saving $200 million each year by updating its internal IT and operating systems.
by: By Sophie Elsworth From: The Courier-Mail May 07, 2012
THE homes and contents of two Queensland towns will no longer be covered by the state's largest insurer as the fallout from the 2011 floods continues.
Ruth Liew PUBLISHED: 7 hours 34 MINUTES AGO 11 April 2012
Suncorp Group’s banking arm has appointed an insider, Greg Bryant, as its chief financial officer to replace Anthony Rose, who joined Bank of Queensland.
Edited by Sarah Thompson and Anthony Macdonald AFR 08 Mar 2012
In contrast to most analysts, CLSA’s Jan van der Schalk has downgraded Suncorp to an “underperform” recommendation. The broker cited Suncorp’s performance since the start of the calendar year, noting: “After two months (in the second half of 2012) Suncorp has exceeded its natural peril provision by $49 million and will likely not meet guidance.”
The Age Michael Evans February 23, 2012
CONSUMERS could face further increases to insurance premiums and interest rate rises on their home loans above official Reserve Bank moves this year, Suncorp Group boss Patrick Snowball says.
AAP February 22, 2012 9:09AM
SUNCORP Group has increased its interim dividend after overcoming weak economic conditions to post a 74 per cent increase in first half profit.
John McCarthy The Courier-Mail February 10, 2012 8:16AM
SPECULATION that Suncorp is poised to send 2000 jobs overseas has prompted a call from the Queensland Government to support local workers.
Chris Zappone February 8, 2012
The axe is swinging again in the finance sector, with the bank workers' union claiming that Suncorp is set to send 65 jobs offshore.
