Insurance Australia Group (IAG) has said the hailstorms that hit Melbourne, Canberra and Sydney on 19-20 January will meet the retention on its occurrence catastrophe treaty.
IAG hailstorm losses to reach occurrence reinsurance trigger

Insurance Australia Group (IAG) has said the hailstorms that hit Melbourne, Canberra and Sydney on 19-20 January will meet the retention on its occurrence catastrophe treaty.