Suncorp Customers

Glossary of Terms

Shareholders' funds

Shareholders' funds are part of the investment portfolio and are managed separately from insurance funds

Short-tail

Classes of insurance business involving coverage for risks where claims are usually known and settled within 12 months

Suncorp Bank function

Suncorp Bank is focused on lending, deposit gathering and transaction account services to personal, small and medium enterprise, commercial and agribusiness customers

Suncorp New Zealand function

Suncorp New Zealand distributes consumer, commercial and life insurance products through intermediaries and corporate partners, as well as insurance and personal loans directly to customers via partnerships with the New Zealand Automobile Association.