Severe Queensland and Victoria storms trigger 5,500 claims for Suncorp

Share!

Reinsurance News - Oct 31, 2025

The insurance company Suncorp has received just over 5,500 claims, around 5,000 in Queensland and 500 in Victoria, with the net cost of the event expected to fall between $220 million and $260 million, with these estimates remaining preliminary, and final figures to be confirmed as part of the first...

Read Full Article

Recommended Articles

Reinsurers face pressure on growing top-line and maintaining margin in 2026: Autonomous

Posted: Dec 24, 2025

After several years of outperformance, European reinsurers’ momentum has stalled, with analysts warn...

Gammon appointed Head of Marine & Aviation, AXIS Global Markets

Posted: Dec 24, 2025

Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS...

Globe Life establishes Bermuda reinsurance affiliate

Posted: Dec 24, 2025

Globe Life Inc., a US-domiciled holding company specialising in life and supplemental health insuran...