Suncorp’s H1’26 natural hazard costs exceed budget at AUD 1.319bn

Share!

Reinsurance News - Jan 12, 2026

Australian insurer Suncorp has disclosed that its total cost of natural hazard events for the first half of 2026 (H1’26) is expected to be AU$1.319 billion, far above the budget of AU$866 million, eroding most of its full-year 2026 (FY’26) allowance of AU$1.77 billion, meaning the carrier will make...

Read Full Article

Recommended Articles

Jason Mandera named CEO of Marsh McLennan Indonesia

Posted: Jan 12, 2026

Global insurance and reinsurance broker Marsh Asia has appointed Jason Mandera as the Chief Executiv...

Non-life run-off specialists emerge as central capital management partners for insurers: AM Best

Posted: Jan 12, 2026

Non-life run-off specialists have moved well beyond their traditional role as managers of discontinu...

Aon’s Reinsurance Solutions promotes Neha Shah to Head of L&H, India

Posted: Jan 12, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has promoted Neha Shah t...