IAG to create A$865mn provision after Australian Covid-BI ruling
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IAG to create A$865mn provision after Australian Covid-BI ruling

Rachel Dalton
20 November 2020
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Insurance Australia Group (IAG) plans to recognise an A$865mn ($621mn) post-tax provision for BI and raise A$750mn in new equity capital after an Australian court ruled in favour of policyholders in a Covid-19 business interruption (BI) test case earlier...

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News IAG QBE Suncorp Business interruption Catastrophe bonds Stocks
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Rachel Dalton
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