Suncorp (ASX:SUN) share price on watch after NSW flood update

Suncorp Group Ltd (ASX: SUN) shares will be in focus when trading opens this morning after the financial services giant provided an update on the financial impact of the recent floods on its business. At close of trade yesterday, the Suncorp share price finished the day at $9.75, down 1.32%. For comparison, the S&P/ASX 200 Index (ASX: XJO) ended the day down 0.9%.

Let’s take a closer look at what Suncorp announced today.

Suncorp’s natural hazard update

The Suncorp share price will be one to watch today. In a statement to the ASX, the company provided an update on “the expected financial impact” from the recent flooding on the…