Suncorp said it expects the A$515mn ($347.9mn) deductible on its natural hazard aggregate protection (NHAP) programme to be fully eroded after January events compounded earlier losses.
Suncorp says 2019/20 nat hazards to exhaust NHAP deductible

Suncorp said it expects the A$515mn ($347.9mn) deductible on its natural hazard aggregate protection (NHAP) programme to be fully eroded after January events compounded earlier losses.