Suncorp says Owald to cost it $220 mln
Suncorp says Owald to cost it $220 mln Updated: 18:38, Wednesday February 6, 2013 Insurance group Suncorp Group has received about 23,000 claims associated with ex-tropical cyclone Oswald, saying the cost of claims will be limited to no more than $220 million .
Suncorp has doubled its RMBS issue to $1bn as growing demand from investors pushed down the cost to the seller to the least this year.