Suncorp reveals reinsurance recoveries of $135m, lifts natural hazard allowance for FY25

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Reinsurance News - Aug 19, 2024

Australian insurer Suncorp recorded AUD 135 million of reinsurance recoveries for the financial year ended June 30th, 2024, as the total cost of natural hazard events in the period came in below the Group’s allowance. Announcing its financial year results today, Suncorp Chief Executive Officer...

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