Company: Suncorp Page 1 / 3
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- August 12 2026
Suncorp FY26 net profit slides 44% on US$1.4bn nat cat bill
Queensland-based carrier's GWP was up 3% year-on-year to US$11bn, while insurance service result was down 23% to US$850m.
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- August 12 2026
Suncorp reshuffles leadership team after profits tumble
Bridget Messer takes on a new role, with Michelle Bain taking over as chief risk officer, while Lisa Harrison and Michael Miller swap roles.
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- July 27 2026
Tokio Marine considering IAG, Suncorp in potential Australia deal: report
While declining to comment on 'market speculation' to InsuranceAsia News, Tokio Marine is reportedly motivated to 'put excess capital to work', having previously identified Australia as a priority growth market.
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- July 9 2026
Vero Insurance New Zealand hires Chloe Donnelly as marine underwriter
Auckland-based Donnelly joins from Aon, where she spent four years as a marine account executive.
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- July 3 2026
Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
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- July 3 2026
Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
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- May 4 2026
Suncorp New Zealand hires Walter David as senior construction, engineering underwriter
He was formerly with Chubb for almost three years, most recently as a casualty lines underwriter.
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- April 24 2026
Suncorp purchases US$1.7bn aggregate reinsurance cover, forecasts 3% GWP growth for FY26
Commencing on June 30, the five-year aggregate reinsurance agreement has an attachment point of US$1.3bn in FY27.
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- March 27 2026
Jeremy Robson named acting Suncorp CEO
Robson will fill in for CEO Steve Johnston, who is taking medical leave.
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- January 13 2026
Suncorp hit by US$885m natural hazards bill in H1 FY26
Suncorp has confirmed that its natural hazard costs in H1 FY26 will exceed its US$581 million budget.
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- November 27 2025
Suncorp on the hook for US$230m from Queensland hail
Insurer has received just over 10,000 claims, with approximately 5,000 in home and 5,000 in motor.
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- October 30 2025
Southeast Queensland hailstorm claims top 10,000 as clean up continues
IAG and Suncorp are dealing with claims and significant costs after the event struck the Brisbane region on Sunday.
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- October 28 2025
ICA declares ‘significant event’ in Queensland after severe hailstorms
The hailstorms in the greater Brisbane region on Sunday have led to over 11,000 claims so far, the industry lobby said.
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- October 27 2025
Australian insurers face wave of claims after severe thunderstorms
Suncorp said it has received thousands of claims from Queensland and Victoria following violent thunderstorms on Sunday.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- May 8 2025
Ex-Tropical Cyclone Tam 15th event to top AU$10m for Suncorp
The 15 events and other attritional natural hazard costs have meant natural hazard costs for the 10 months to April 30 are expected to be AU$1.1bn,
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- March 11 2025
Cyclone Alfred claims ‘spike’ to over 22,000 as clean-up begins
Majority from Queensland, according to the Insurance Council of Australia, with claims from New South Wales set to increase in coming days.
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- March 1 2025
Suncorp to settle class action suit over add-on sales
Settlement must be approved by the Supreme Court of Victoria, but no date has been set for the hearing,
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- February 12 2025
Suncorp’s H1 FY25 insurance service result up 134% at US$582m
Australian insurer's general underwriting performance helped by favourable natural hazard experience and reserve releases.
