Shutterstock_1094901527

28 June 2024Insurance

IAG inks major deals with Berkshire, Canada Life & Enstar to cut risks, stabilise earnings

Australian insurer IAG has struck a strategic five-year deal with Berkshire Hathaway and Canada Life Reinsurance to gain long-term reinsurance protection against natural perils volatility, as well as secured adverse development protection for its A$2.5 billion long-tail reserves from Enstar.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Aon won’t do major US mid-market M&A after USI is on board: Case

11 September 2026 Prior deal for NFP made for proof of concept, but left Aon below the relevance threshold.

US commercial insurance rate growth slows to just 0.5% in Q2

11 September 2026 WTW survey shows broad slowdown; key segment breaks the zero first time since ‘17.

Antares Global strengthens reinsurance team with MS Amlin hire

11 September 2026 Underwriter has 20 years of experience in property treaty reinsurance.

More articles

Reinsurance buyers seeking a ‘break-glass’ strategy: Howden Re’s Flandro

Data centres biggest new growth opportunity for reinsurance: Swiss Re

Aon won’t do major US mid-market M&A after USI is on board: Case

US commercial insurance rate growth slows to just 0.5% in Q2

Blackstone via Aon: a whole new class of ‘raw, permanent’ reinsurance capital

EigenRisk integrates AI property data into catastrophe platform

Antares Global strengthens reinsurance team with MS Amlin hire

Internet facing footprint beats revenue, industry, country for cyber underwriting measures

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze