Suncorp: A$456-561mn of agg deductible eroded as late Oct hail losses tallied


Suncorp estimates it has already eroded A$456mn ($340mn) to A$561mn of the A$650mn retention on it’s A$400mn aggregate excess of loss treaty (AXL) while the company has also revealed it is facing estimated losses of A$225mn to A$250mn from the late October hail and wind event that struck South Australia, ...

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