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Suncorp Weighs Additional Reinsurance Protection Amid Favourable Conditions

Summary by ReinsuranceNe.ws
With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increasingly favourable conditions in the softening reinsurance market. Alongside the group’s H1 2026 results released earlier today, Suncorp CEO Steve Johnston said the insurer responded to nine declared nat…
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ReinsuranceNe.wsReinsuranceNe.ws

Suncorp weighs additional reinsurance protection amid favourable conditions

With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increasingly favourable conditions in the softening reinsurance market. Alongside the group’s H1 2026 results released earlier today, Suncorp CEO Steve Johnston said the insurer responded to nine declared nat…

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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, AlArtemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al

Suncorp hopes reinsurance partners will support aggregate cover at renewal: CEO - Artemis.bm

After another half-year when Australian primary insurance giant Suncorp Group went over its natural hazards budget the company is hoping the softer

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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al broke the news in on Wednesday, February 18, 2026.
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