Suncorp exceeds nat cat budget in 6 months


Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm.

Suncorp, Australia, 2017 results, Insurance, Ziggy Switkowski, Natural catastrophe losses, Asia Pacific

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