Suncorp warns on nat cats & new reserves, cheers with revenue gains
Australian insurer Suncorp will write A$568 million in nat cat losses into its fiscal first half result, then top up the costs tally with A$106 million in reserve strengthening.
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28 May 2019 Australian insurer Suncorp's chief executive officer (CEO) and managing director Michael Cameron has stepped down immediately after almost four years in the role and seven years as a board member.