Suncorp reports total nat cat costs in H1’24 of $568m

Share!

Reinsurance News - Jan 29, 2024

Australian primary insurer Suncorp anticipates the total cost of natural hazard events for H1 2024 to be approximately $568 million, which consists of six significant events during the period. Suncorp’s natural hazard allowance for FY24 is $1.36 billion, so the insurer has used less than 50% o...

Read Full Article

Recommended Articles

Waller named UIB MD of Marine, Little appointed Senior Advisor, President

Posted: Apr 09, 2026

United Insurance Brokers Limited (UIB), an international reinsurance and reinsurance broker, has ann...

Duck Creek aims to simplify programme management & enhance financial control for insurers

Posted: Apr 09, 2026

Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and ge...

Liberty completes APAC licence consolidation and brand simplification

Posted: Apr 09, 2026

Liberty International Insurance, part of Liberty Mutual Insurance Group, has announced the completio...