Suncorp

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.

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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.

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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.

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Victorian bushfires: insurers log 1,386 claims

January 13 2026

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

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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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November storms push Suncorp FY26 natural hazard bill up to A$1.275bn

November 28 2025

November events added up to A$510m (US$332m) in estimated losses, with nat cat events depleting two-thirds of insurer's natural hazard allowance less than five months into the year.

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