Suncorp more than doubles Covid BI reserves after Victoria lockdown

16 November 2020

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Australian carrier Suncorp has increased its reserves for Covid-19 BI losses from A$70mn ($51mn) to A$195mn due to the “breadth and depth” of the Victoria lockdown.

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Suncorp more than doubles Covid BI reserves after Victoria lockdown

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Suncorp more than doubles Covid BI reserves after Victoria lockdown

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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