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Reinsurance Losses Asia Pacific

Suncorp confirms storm losses

  • News

AUSTRALIA-based financial services group Suncorp Metway confirmed today that claims costs as a result of the recent storms in the state of Victoria would reach AUD200m ($183m), its maximum event retention (MER) under the company’s property catastrophe reinsurance cover.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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