The Suncorp Group Ltd (ASX: SUN) share price is in focus after the company outlined its FY27 reinsurance program and reaffirmed FY26 outlook, with natural hazard costs expected $250 million above allowance and underlying ITR guidance towards the upper end of its 10–12% range.

What did Suncorp report?

• FY27 reinsurance program placement completed, adding $800 million annual aggregate cover for five years
• Total reinsurance costs in FY27 expected to be higher than FY26 due to exposure growth and aggregate cover
• Natural hazard costs in FY26 are forecast at $2.02 billion, approximately $250 million above the $1.77 billion allowance
• Underlying insurance trading result (ITR) for FY26 anticipated towards the upper end of the 10–12% range
• Gross Written Premium (GWP) growth for FY26 expected to be around 2.7%
• FY26 investment income expected between $750 million and $800 million, down from $1.23 billion in FY25

What else do investors need to know?

Suncorp has announced a new five-year aggregate reinsurance arrangement, effective from 30 June 2026, providing substantial protection against natural disasters. The main catastrophe cover now protects losses between $500 million and $6.4 billion, including for Home, Motor and Commercial property portfolios across Australia and New Zealand.

Total reinsurance costs in FY27 are set to rise, mainly due to the new aggregate cover and expanded exposure, but this is partly offset by more favourable catastrophe program pricing. Additionally, Suncorp will release about $100 million of capital thanks to lower capital targets, giving the balance sheet a welcome boost.

On the leadership front, Steve Johnston returns as CEO from medical leave on 6 July 2026, with acting CEO Jeremy Robson resuming as CFO, restoring the executive team’s usual structure.

What’s next for Suncorp?

Suncorp will provide further detail on capital management and natural hazard experience at its FY26 results presentation, scheduled for 12 August 2026. The company’s strategic focus remains on balancing risk protection with efficiency, aiming to protect both shareholders and customers against volatile weather events.

Looking forward, Suncorp’s enhanced reinsurance structure aims to keep earnings more stable and strengthen resilience in an increasingly unpredictable environment. The leadership team’s return to its usual configuration signals ongoing continuity in strategy and execution.

Suncorp share price snapshot

Over the past 12 months, Suncorp shares have declined 7%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.

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The post Suncorp reveals FY27 reinsurance plans and FY26 guidance update appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The PEXA Group Ltd (ASX: PXA) share price is in focus after the company acknowledged a draft report from the NSW Independent Pricing and Regulatory Tribunal (IPART) proposing a 20% revenue reduction for regulated service fees, which could impact an estimated $70 million in revenue.

What did PEXA Group report?

• IPART draft report proposes reducing PEXA Exchange’s regulated revenue requirement by about 20%.
• This equates to an estimated $70 million reduction in revenue for PEXA.
• The draft report recommends fee reductions over one year, but PEXA is advocating for a four-year phase-in.
• No immediate changes to PEXA’s service fees; current arrangements remain in place for FY27.
• Potential changes would commence from 1 July 2027, spanning through FY31.

What else do investors need to know?

PEXA stated that the proposed changes are still at a draft stage and remain open to public consultation. The final IPART recommendations will be submitted to the Australian Registrars’ National Electronic Conveyancing Council (ARNECC) after this process. Importantly for investors, any changes to regulated Electronic Lodgement Network Operator (ELNO) service fees wouldn’t start until FY28. PEXA has highlighted the importance of phasing any reduction to allow the business time to adjust and maintain stability. An investor briefing will be held today at 9:30am (AEST), offering more detail on PEXA’s response and future plans.

What’s next for PEXA Group?

PEXA will take part in the public consultation process, including a scheduled public hearing on 21 July 2026 and the submission of its response before 14 August 2026. The Group will continue engaging with stakeholders and IPART to shape the final outcome of the fee review. In the meantime, PEXA is focused on advocating for a more gradual introduction of any price changes and remains committed to supporting its customers and the property settlement industry.

PEXA Group share price snapshot

Over the past 12 months, PEXA shares have declined 15%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 2% over the same period.

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The post PEXA Group responds to IPART draft service fee review appeared first on The Motley Fool Australia.

More reading

• Meridian Energy gets green light to expand Lake PÅ«kaki storage
• Vault Minerals meets guidance as growth projects advance
• Suncorp reveals FY27 reinsurance plans and FY26 guidance update
• 5 things to watch on the ASX 200 on Friday
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended PEXA Group. The Motley Fool Australia has positions in and has recommended PEXA Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Investors with a high tolerance for risk might want to hear what Bell Potter is saying about the ASX share in this article.

That’s because if the broker is on the money with its recommendation, this speculative ASX share could more than triple in value.

Which ASX share could be cheap?

Bell Potter is tipping Chalice Mining Ltd (ASX: CHN) shares to rocket from current levels.

The broker was pleased to see the company continuing to progress its 100%-owned Gonneville Pd-Ni-Cu Project in Western Australia.

It notes that Gonneville has emerged as the largest and lowest cost undeveloped palladium-nickel-copper reserve in the western world and a globally significant strategic minerals asset.

Commenting on recent work, it said:

Multiple workstreams are underway for the completion of the Gonneville Feasibility Study, which has a budget of $25m and is due for completion in 2HCY27. Ongoing activities include: a comprehensive 8-week pilot plant operation program to test the process route design; permitting and approvals, including the Environmental Review Documents (ERD) submission in 2HCY26; the investigation of multiple secondary funding options including with potential offtake partners.

CHN is also assessing strategic partnership and investment opportunities with several parties having commenced due diligence. Early indications on project financing are that up to 60- 70% of pre-production CAPEX could be funded with debt, including from sovereign/govt sources, due to the long-life, low cost and strategic nature of Gonneville.

Huge potential returns

According to the note, Bell Potter has retained its speculative buy rating and $4.00 price target on the ASX share.

Based on its current share price of $1.15, this implies potential upside of approximately 250% for investors over the next 12 months.

To put that into context, a $2,500 investment would be worth $8,750 by this time next year if Bell Potter has made the correct call.

Commenting on its buy thesis, the broker said:

CHN’s Gonneville project continues to offer exposure to a globally significant, critical minerals PGE-Ni-Cu-Co Project in a Tier 1 jurisdiction. It has designation at both State and Federal levels as a Major Project, conferring dedicated co-ordination and support for the project through statutory approvals processes. CHN is sufficiently funded to reach FID in 1HCY28. We retain our Speculative Buy recommendation on an unchanged Valuation of $4.00/sh.

The post Bell Potter says this cheap ASX share could rise almost 250% in just 12 months appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.