Suncorp said that catastrophe losses in the six months to 31 December had eroded 82 percent of the deductible on its A$300mn aggregate cover, as December hailstorms will trigger recoveries under its main reinsurance treaty.
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Suncorp said that catastrophe losses in the six months to 31 December had eroded 82 percent of the deductible on its A$300mn aggregate cover, as December hailstorms will trigger recoveries under its main reinsurance treaty.