Suncorp Group Limited (SUN.AX)
Suncorp Group Limited operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Brisbane, QLD, AU. The stock last traded at $19.14, down 0.21% on the session, giving a market capitalisation of $20.29B. Its beta of 0.20 implies it has historically moved less than the broad market.
Suncorp Group Limited, an entity established in 1902 and headquartered in Brisbane, Australia, offers a comprehensive range of insurance and banking solutions to individual consumers, businesses, and institutional clients across both Australia and New Zealand. The company's operations are divided into three principal divisions. Its Australian Insurance arm delivers a variety of general insurance policies, including coverage for residential properties, vehicles, travel, commercial assets, and liability, in addition to distributing life insurance products. The Suncorp Bank segment furnishes a full suite of banking services, encompassing diverse loan types such as commercial, agribusiness, small business, and home loans, alongside savings and transaction accounts, foreign exchange facilities, and treasury services. Lastly, Suncorp New Zealand provides both general and life insurance offerings, covering items like homes, automobiles, commercial properties, public and professional liabilities, and personal life protections including trauma, total and permanent disablement, and income protection. The company adopted its current name, Suncorp Group Limited, in December 2010, having previously been known as Suncorp-Metway Limited.
Suncorp Group Limited is most often compared with the following Financial Services names: