IAG rejigs reinsurance at 1.1: hikes retention & pays 20-25% more on XoL

09-01-2023

IAG rejigs reinsurance at 1.1: hikes retention & pays 20-25% more on XoL

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Insurance Australia Group renewed 10% quota share reinsurance covers plus XoL catastrophe reinsurance covers with heightened retentions and price hikes of 20 to 25%, IAG has said.


Reinsurance, Insurance, IAG, Reinsurance Renewals, Property Catastrophe, Australia

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