19 February 2015Insurance

IAG posts solid results despite quake reserves boost

General insurer Insurance Australia Group (IAG) has said that it has increased its loss reserves in relation to the 2010 and 2011 Canterbury earthquakes by NZ$950 million ($713.6 million).

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

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

Insurance
4 November 2026   Asia’s infrastructure boom offers insurers fresh business, but complex projects risk cascading losses and potential gaps after construction. Swiss Re’s Jimmy Lim tells SIRC Today.
Insurance
4 November 2026   Lloyd’s praises ‘critical friend’ who has been CEO since 2019.
Insurance
4 November 2026   Current chief of market oversight to exit, chief strategy officer brought in.