Suncorp says it has a range of reinsurance protections in place that will minimise the financial impact of TC Yasi. “As a result of the combination of the catastrophe and aggregate reinsurance programs, Suncorp expects its net claims costs arising from TC Yasi will be capped at $10 million.”
The combination of TC Yasi and recent weather events in Queensland and Victoria is likely to result in some logistical challenges. Customers are asked to be patient and, where possible, direct non-urgent and general inquiries to Suncorp’s website.
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