Despite Higher Natural Disaster Costs, the Change Process Set to Accelerate. AUD 12 FVE Unchanged.
Despite increased reinsurance arrangements, natural hazard costs for the six months to Dec. 31, 2016 of AUD 350 million will now exceed the first-half fiscal 2017 allowance of AUD 310 million. The overrun includes NZD 50 million for the impact of the Kaikoura earthquake on Nov. 14, AUD 60 million for South Australia/Victoria storms in November and AUD 50 million for South Australia/Victoria storms in December. In addition, the outstanding claims provision for the 2010-11 Canterbury earthquakes h...Suncorp Group is engaged in the general insurance, banking, life insurance, superannuation products and related services to the retail, corporate and commercial sectors. Co.'s segments are: Personal Insurance, which include home and contents insurance, motor insurance and travel insurance; Commercial Insurance, which include commercial motor insurance, commercial property insurance and marine insurance; General Insurance, which include home and contents insurance, motor insurance, marine insurance; Bank, which include personal and commercial banking; and Life, which include financial planning and funds administration services.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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