Suncorp

Suncorp, IAG and QBE ramp up AI investments amid regulators’ risk warnings

September 4 2026

Australia’s largest general insurers are scaling AI across their businesses as APRA and ASIC urge stronger governance.

Suncorp announces changes to executive leadership team

Suncorp appoints new customer and digital chief in executive overhaul

August 28 2026

The new division aims to strengthen the insurer's digital capabilities, including the use of AI to boost distribution.

Traffic jam with cars and traffic lights in an urban setting.

ASIC tells motor insurers to explain premium rises

August 13 2026

The regulator has flagged widespread transparency shortcomings in car insurance renewals nearly a year after launching court proceedings against RACQ Insurance.

Suncorp GWP rises 2.7% as natural hazard costs exceed allowance

August 12 2026

Natural hazard costs reached A$2.02bn (US$1.4bn) for the year, A$254m above insurer's annual allowance.

Modern glass office tower with a prominent Suncorp sign on the top facade, under a partly cloudy sky.

Suncorp places FY2027 catastrophe cover, flags higher reinsurance costs

July 6 2026

Suncorp said its combined catastrophe and aggregate reinsurance programme is expected to limit FY2027 natural hazard costs in around 90% of scenarios.

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Vero launches strata product for brokers targeting complex risks

June 22 2026

The offering targets placement challenges in strata insurance as capacity pressures persist for complex risks.

Suncorp secures A$2.4bn five-year aggregate reinsurance cover

April 24 2026

The new aggregate reinsurance cover provides A$800m of protection per year and attaches slightly above the group’s natural hazard allowance.

Australian general insurer complaints rise 30% in FY2025

April 16 2026

ASIC's new dashboard shows that premium disputes and claims handling delays drove the rise.

suncorp-weathers-a1-3bn-in-cat-losses-as-margins-hold-near-target-in-1h26

Suncorp CEO Steve Johnston takes temporary medical leave; CFO steps up in interim role

March 27 2026

Group CFO Jeremy Robson will serve as acting CEO while Johnston recovers from a medical procedure.

Suncorp weathers A$1.3bn in cat losses as margins hold near target in 1H26

February 18 2026

Weighed by elevated natural hazard costs, the Australian insurer's net profit after tax slumps to A$263m.

victorian-bushfires-insurers-start-logging-early-claims-as-assessments-begin

Victorian bushfires: insurers log 1,386 claims

January 13 2026

Early estimates indicate that 30% of all property claims are considered total losses.

accc-blocks-anzs-acquisition-of-suncorps-banking-arm-citing-competition-concerns

Suncorp faces A$1.3bn natural hazard toll in 1H26 following destructive weather events

January 13 2026

The projection was estimated against a full-year natural hazard allowance of A$1.77bn for FY26.

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