Archive

Suncorp to revisit hail modelling and buy more reinsurance after A$1.3bn natcat bill

Natcat impact on the Australian non-life firm's H1 cash earnings, down 67%

Suncorp expects to exceed its H1 nat cat budget by 52%

ICA chair apologises for past digs at Australia's cyclone risk reinsurer

Steve Johnston says country must "stare into the inevitable" of managed retreat

Annual net profit growth rates at IAG and Suncorp each top 50%

Under-budget natcat costs, M&A proceeds and BI releases boosted full-year earnings

Suncorp welcomes "stabilisation" in reinsurance costs for 2026

Group considered traditional and alternative offerings for coming reporting year

Suncorp still A$445m below natcat budget, despite A$85m hit from Alfred

Australian trade body rejects plan to break up non-life groups

Opposition political party wants to force divestments by largest underwriters

Suncorp undershoots natcat budget by one-third in December half-year

CEO Steve Johnston says "current stability" of reinsurance market bodes well for renewals

Suncorp ready to consider alternative reinsurance, CEO says

Australasian insurer reformed its traditional reinsurance programme recently

Suncorp cites public natcat reinsurance as it sheds quota sharing