Suncorp over halfway into new agg XoL deductible in H1 2021
Suncorp is more than halfway through the A$650mn ($502mn) deductible on its newly minted aggregate excess of loss (AXoL) treaty at the midpoint of its 2021 financial year, after a six-month stretch in which it was hit with higher-than-budgeted-for natural hazard losses.
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