Suncorp sees erosion of some of aggregate deductible after active period for catastrophes

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Reinsurance News - Nov 07, 2022

Australian insurer Suncorp has reported a cost of between AUD 350 million (USD 225m) to AUD 410 million (USD 265m) from five natural hazard events across Australia and New Zealand during the opening quarter of this financial year, suggesting the erosion of some of its aggregate deductible. From July...

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