IAG set to exceed natural perils budget for 2023

14 June 2023

Insurance Australia Group (IAG) has predicted that it will exceed its gross natural perils allowance of A$1.15bn ($780mn) for 2023.

In its annual investor presentation today, the carrier said it is pushing to keep ahead of increased reinsurance costs, inflation and cat losses.

As

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Topics

News IAG Rates Stocks Catastrophe losses

Rachel Dalton

Lead Reporter