Suncorp Investor Update

Suncorp (ASX: SUN | ADR: SNMCY) is hosting an Investor Update today covering Suncorp Bank’s 1Q23 performance and an update on the bank sale process, as well as the Group’s insurance strategy and approach to natural hazard resilience. The presentation is attached. The Group has reaffirmed its key FY23 targets of an underlying Insurance Trading Ratio (ITR) of between 10% to 12% and a bank cost-to-in