Cat events erode 47% of Suncorp aggregate XoL deductible in H1
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Cat events erode 47% of Suncorp aggregate XoL deductible in H1

Rachel Dalton
08 February 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Suncorp.jpg

Natural disasters during Suncorp’s fiscal first half have eroded A$399mn ($279mn), or 47%, of the deductible on its aggregate excess-of-loss (XoL) treaty.

The carrier’s aggregate XoL treaty for 2023 provides A$400mn of cover excess A$850mn for loss events costing more than A$10mn.

In

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Results Property treaty Reinsurers
rachel dalton/rachel dalton ii red.png
Rachel Dalton
Lead Reporter
Contact
Gift this article