IAG expects perils cost to hit AU$2.9bn (US$1.99bn) and exceed perils allowance for the seventh time in eight years

At its Investor Day, IAG executives revealed rate hikes, expected perils costs, and expected business achievement for 2023.

Share

Iag expects perils cost to hit au 9bn us 99bn and exceed perils allowance for the seventh time in eight years

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

two-years-on-key-points-of-discussion-remain-for-australian-cyclone-reinsurance-pool
asian-nat-cat-insurance-protection-gap-double-latin-americas
growth-in-sme-cyber-risks-calls-for-adjustments-in-cat-models-guy-carpenter
updated-australian-rainfall-anp-runoff-guidelines-forces-flood-risk-rethink
koreas-life-and-non-life-segments-see-contrasting-net-income-results-in-1h-2024
hong-kongs-direct-general-insurance-underwriting-profit-doubles-in-q2-2024
reinsurers-achieve-highest-returns-on-equity-in-over-a-decade
asia-pacific-insurers-urged-to-improve-data-gaps-to-improve-nat-cat-risk-pricing
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute

Share this article