Suncorp buys AUD 2.4bn five-year aggregate reinsurance cover
Australian insurer Suncorp has secured an additional five years of total reinsurance cover, which will provide A$800 million in annual cover and up to A$2.4 billion in total cover for the period commencing June 30, 2026. The top-up point for total cover is linked to the growth of Suncorp’s exposure over time and is set…