Suncorp Looks Set to Benefit From Reinsurance Pricing -- Market Talk

Dow Jones
2025/12/10

0018 GMT - Suncorp looks best placed among Australian insurers to benefit from falling property reinsurance pricing, according to Morgan Stanley analysts. The MS analysts tell clients in a note that property reinsurance prices will fall about 10%-15% on Jan. 1. They explain that this should lead to more options on aggregate covers and reinsurance capital, with Australian insurers among the largest buyers globally. They think that there are multiple ways in which Suncorp could benefit, including through a quota share that could release A$1.5 billion in capital to shareholders and improve return-on-equity. MS lifts its target price 1.0% to A$24.40 and keeps an overweight rating on the stock, which is up 1.3% at A$17.14. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

December 09, 2025 19:18 ET (00:18 GMT)

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