IAG notes moderate rate increases on new A$10m programme


Insurance Australia Group (IAG) has maintained its gross reinsurance protection cover at up to A$10 billion for its 2021 catastrophe reinsurance programme. It noted it experienced a “modest” increase in rates in the renewals, driven by market conditions, that was in line with its expectations.

IAG, Renewals, Rates, Insurance, Reinsurance, Catastrophe, Australia

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