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Suncorp Enhances FY27 Reinsurance with $800 Million Aggregate Cover

8:44am on Friday 3rd of July, 2026 AEST Financial Services
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Suncorp Enhances FY27 Reinsurance with $800 Million Aggregate Cover

8:44am on Friday 3rd of July, 2026 AEST
Key Points
  • FY27 reinsurance includes $800 million annual aggregate cover
  • Total FY27 reinsurance costs expected above FY26 despite improved pricing
  • FY26 natural hazard costs estimated $250 million above allowance
  • Underlying insurance trading ratio for FY26 near upper 10-12% range
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