IAG lifts 2020 cat reinsurance to $7bn as H1 claims burst budget
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

IAG lifts 2020 cat reinsurance to $7bn as H1 claims burst budget

Anna Sagar, 
Fiona Robertson
January 03, 2020
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
BUSHFIRES VIC

IAG has increased its catastrophe reinsurance cover to A$10bn ($7bn) for 2020, up 11 percent, or A$1bn, from 2019 after bushfire losses pushed fiscal first-half natural perils claims over budget.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsTreaty ReinsuranceClaims and losses
AS
Anna Sagar
Contact
fiona robertson/fiona robertson ii us.png
Fiona Robertson
Editor, Insurance Insider
Contact
Gift this article