Suncorp has revealed that it passed on A$134mn ($90mn) of cat losses to reinsurers on its A$300mn aggregate reinsurance treaty in its financial year ended 30 June.
Suncorp’s aggregate reinsurance takes $90mn hit
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Suncorp has revealed that it passed on A$134mn ($90mn) of cat losses to reinsurers on its A$300mn aggregate reinsurance treaty in its financial year ended 30 June.