Archive

IAG seals new reinsurance deals in bid to limit natcat losses, smooth earnings and cut capital bill

The firm is expecting a A$350m lower capital requirement

IAG's CFO William McDonnell joins Australian Sustainable Finance Institute board

New Zealand regulator warns of unaffordability of cover from risk-based pricing trend

Change from community-based approach could come quickly, RBNZ warns

Australia's latest summer natcat bill nears A$1.6bn

Rachael O'Brien becomes permanent IAG New Zealand CRO

IAG and Suncorp to discount premiums on homes made more fire-resilient

Based on results of app-based self-assessment survey for bushfire-prone homeowners

IAG attributes A$49m cut in natcat allowance to government reinsurance

Australian non-life group joined the Cyclone Reinsurance Pool from October

Motor/property claims cost IAG about 20% more in 2023

New Zealand trade body appoints former cabinet minister as chief executive

Australian insurers emphasise role of reinsurance, as wild weather thumps east coast

Stabilising global reinsurance markets let IAG buy more cover than it expected