IAG facing shareholder class action over business interruption losses

Capital raising, disclosures and share price said to be at heart of litigation


Australia intervenes on event cancellation cover for Covid-19

The country 's Federal Court has also reserved judgement in a second BI test case


IAG hikes natcat budget by 37% after stormy weather

October storms in South Australia and Victoria add to claims burden


Storms trigger Australian catastrophe amid calls for relaxing Covid bans

The ICA said around 36,000 claims had been lodged so far


Australian lawyers to fight business interruption court ruling

A Federal Court found largely in favour of BI underwriters last Friday


Economic losses from nat cats could double for Australian insurers by 2060

Deloitte Access Economics examines the impact of climate change-related disasters on Australia


IAG loses CRO to local bank

David Watts will leave non-life firm early in 2022


IAG "playing catch-up" with rising costs of natural disasters

Australian non-life firm flags A$100m increase in natural perils allowance


Australian High Court denies insurers reliance on BI exclusion clause

Non-life industry testing other BI policy wordings in court


Australian insurers count the cost of Victoria catastrophe

Both IAG and Suncorp said they had exceeded peril allowances