IAG insurance australia group limited

How much risk is there in business interruption insurance ., page-6

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    I did get a call back from iag- investor relations. They said they believe they are fully provisioned to cope with bi. Surprisingly they have not received many claims but expect some more. Also said it would take time to finalise as claimants need to supply income returns justifying loss. Also said they have another legal case pending but due to be heard before the end of the year regarding proximity of claimants to lockdown locations. Not all policies effected and those that are have been reworded. I suppose this is why analysts at WAM believe they are over provisioned.
    Last edited by Pat07350: 28/06/21
 
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