Storms erode Suncorp XoL deductible by 55% in H1

09 February 2021

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Natural hazard events over the past six months have eroded A$358mn ($199mn) of the A$650mn deductible on Suncorp’s aggregate excess of loss (XoL) treaty.

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Storms erode Suncorp XoL deductible by 55% in H1

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Storms erode Suncorp XoL deductible by 55% in H1

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM