Win for consumers as premiums to weaken

Original article by Ruth Liew
The Australian Financial Review – Page: 17 : 16-Dec-14

Suncorp Group’s Anthony Day says a competitive market should result in lower commercial insurance premiums in 2015. The head of commercial insurance forecasts that insurance rates will stabilise after falling in the first several months of 2015. Meanwhile, Day says the recent storm in Brisbane is likely to cost Suncorp no more than $A250m in insurance claims

CORPORATES
SUNCORP GROUP LIMITED – ASX SUN, NATIONAL INSURANCE BROKERS ASSOCIATION OF AUSTRALIA, WILLIS GROUP HOLDINGS LIMITED

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