Suncorp Group Limited (SUN.AX)

16.64 -0.13 (-0.78%) At close: 04:10PM AEST

Suncorp Group Limited

Heritage Lanes
Level 23 80 Ann Street
Brisbane, QLD 4000
Australia
61 7 3362 1222
https://www.suncorpgroup.com.au

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 13,000

Description

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products. The Suncorp Bank segment offers banking services, such as commercial, agribusiness, small business, and home loans; savings and transaction accounts; foreign exchange services; and treasury products and services. The Suncorp New Zealand segment provides general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. The company was founded in 1902 and is headquartered in Brisbane, Australia.

Corporate governance

Suncorp Group Limited’s ISS governance QualityScore as of 1 June 2024 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.