Suncorp adds $350m to top of catastrophe reinsurance tower as CEO welcomes market stability

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Reinsurance News - Jul 05, 2024

Australian insurer Suncorp has successfully placed its 2025 fiscal year catastrophe reinsurance program, maintaining its maximum event retention of $350 million for a first large event and lifting the top of its tower to $6.75 billion. For 2024, Suncorp reduced the top of its tower by $400 million t...

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