IAG adds A$500mn of limit, bringing main cat treaty to A$10.5bn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

IAG adds A$500mn of limit, bringing main cat treaty to A$10.5bn

Jai Singh
04 January 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
iag_logo_2022_sydney.png

Insurance Australia Group (IAG) has added A$500mn ($337mn) of limit to its main cat treaty, bringing the total cover to A$10.5bn for 2024, up from A$10bn last year.

The treaty provides cover for two events up to A$10.5bn, attaching at A$500mn. The attachment point remains level with that of last year, when it had doubled over 2022.

The

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

IAGNewsRenewals
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
Gift this article