Suncorp adjusts reinsurance program & drops aggregate XoL protection amid hardening market

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Reinsurance News - Jul 04, 2023

Brisbane headquartered insurer Suncorp has adjusted its reinsurance program structure for the 2024 fiscal year in light of material market hardening, reducing the top of the tower by $400 million at the same time as increasing the retention by $100 million, and opting against the renewal of its aggr...

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