IAG set to exceed natural perils budget for 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement



Cookies Settings

IAG set to exceed natural perils budget for 2023

Rachel Dalton
14 June 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
iag_insurance_australia_group_sydney_logo_2022.png

Insurance Australia Group (IAG) has predicted that it will exceed its gross natural perils allowance of A$1.15bn ($780mn) for 2023.

In its annual investor presentation today, the carrier said it is pushing to keep ahead of increased reinsurance costs, inflation and cat losses.

As

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsIAGRates
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article