IAG ups natural peril allowance to A$909mn and details A$1.1bn nat cat losses
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

IAG ups natural peril allowance to A$909mn and details A$1.1bn nat cat losses

Samuel Casey
12 August 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
iag_logo_2022_sydney.png

Australian insurer IAG has increased its natural peril allowance post-quota share by A$144mn ($102mn), or 19%, to A$909mn for 2023.

The carrier made the disclosure in its results to August, which noted that severity and frequency of extreme weather events was higher in 2022 than previous years.

Natural

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? Log in now

Topics

NewsResultsIAG
sam casey/sam casey ii ils.png
Samuel Casey
Senior Reporter
Contact
Gift this article