IAG aggregate reinsurers already on risk after early losses
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IAG aggregate reinsurers already on risk after early losses

iag_insurance_australia_group_sydney_logo_2022.png

IAG has already eroded the deductible on its 2020 aggregate reinsurance cover six weeks into the year, after ceding around A$280mn ($189mn) of losses to reinsurers on the contract for 2019.

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