IAG lifts 2020 cat reinsurance to $7bn as H1 claims burst budget
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IAG lifts 2020 cat reinsurance to $7bn as H1 claims burst budget

Anna Sagar, 
Fiona Robertson
January 03, 2020
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BUSHFIRES VIC

IAG has increased its catastrophe reinsurance cover to A$10bn ($7bn) for 2020, up 11 percent, or A$1bn, from 2019 after bushfire losses pushed fiscal first-half natural perils claims over budget.

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Topics

News Treaty Reinsurance Claims and losses
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Anna Sagar
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Fiona Robertson
Editor, Insurance Insider
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