IAG places ‘largest’ nat cat allowance as underwriting profit falls 5%

August 12 2022 by
IAG

Insurance Australia Group (IAG) has increased its nat cat allowance by 19% to A$909 million (US$645 million) for the financial year from July 1, 2022 to June 30, 2023 (FY 2023). It is the largest peri...

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