Archive

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

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

William McDonnell to join IAG as chief financial officer

IAG pricing algorithm triggers litigation by governance regulator

Asic is alleging loyalty discounts were only applied after algorithm hiked some premiums

IAG oversteps natcat budget again, boosts next allowance by 26%

One-fifth of premiums now covering reinsurance costs and perils allowance

IAG expects costs for natural perils to increase further in 2024/25

Group now paying 19% of relevant premiums for perils claims

IAG publishes framework for relocating towns under natcat threat

Insurer acknowledges moving communities could make insurance more affordable

NZ firms trumpet second-event reinsurance as cyclone Gabrielle follows floods

Underwriters expect Gabrielle's costs to exceed 2016's Kaikoura earthquake bill of NZ$2.3bn

Auckland floods lead IAG to flag full-year cat costs beyond A$1bn

Australasian insurers making full use of reinsurance programmes

Australia's IAG joins Net-Zero Insurance Alliance

Announces partnership with First Nations group generating carbon credits

IAG boosts nat cat expectation following Australia floods

Trade body chief says some insurers might have "no appetite" for flood-afflicted areas