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IAG hikes natcat budget by 37% after stormy weather
02 November 2021October storms in South Australia and Victoria add to claims burden
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Economic losses from nat cats could double for Australian insurers by 2060
07 October 2021Deloitte Access Economics examines the impact of climate change-related disasters on Australia
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IAG loses CRO to local bank
22 September 2021David Watts will leave non-life firm early in 2022
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IAG "playing catch-up" with rising costs of natural disasters
26 July 2021Australian non-life firm flags A$100m increase in natural perils allowance
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Australia to guarantee property reinsurance pool in natcat-prone north
05 May 2021The A$10bn support shows "underwriters will not stand alone," says local government head
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IAG says reinsurers still prepared to take more of its risk
10 February 2021CFO says reinsurers appreciated "decisiveness" of recent A$1.2bn Covid reserving
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IAG picks replacement for departing CEO
21 September 2020Nick Hawkins will climb the final rung to assume Peter Harmer's role
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Apra hits pause on licensing new insurers as Covid-19 toughens conditions
08 April 2020Head of country's largest non-life firm announces retirement
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Australia and reinsurance: continuing the affair
04 February 2020Australia's insurers make extensive use of reinsurance and reinsurers like to take on the risk - and the relationship looks set to survive the recent catastrophes that have beset the country, as David Walker reports
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IAG blows perils budget as bushfires keep devouring Australia
06 January 2020P&C insurers receive nearly 6,000 claims, figures expected to climb significantly