IAG insurance australia group limited
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News: IAG Insurance Australia Group Says As Of 5Am 1 March, Received About 6,700 Claims Across Its...

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    01/03/22
    12:30
    Post #: 59896955

    March 1 (Reuters) - Insurance Australia Group Ltd (IAG) :

    • AS OF 5AM 1 MARCH, IAG HAD RECEIVED APPROXIMATELY 6,700 CLAIMS ACROSS ITS BRANDS
    • NUMBER OF CLAIMS IS EXPECTED TO RISE FURTHER OVER COMING DAYS
    • TOO EARLY TO DETERMINE EXTENT AND FINANCIAL IMPACT OF THE WEATHER EVENT
    • COMBINATION OF ALL CATASTROPHE COVERS RESULTS IN IAG HAVING A MAXIMUM EVENT RETENTION OF A$95 MILLION
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