Hi Pat The pre reworded policies are the problem . I dont expect to be worried about policies since early last year because they probably say no covid claims
Most of the economic destruction I have seen is to small business and they are the sort in my experience that dont have cover so may account for the lack of claims. The big if case ,lets say Sydney airport has a claim . I would say that one claim is enough claims to cover a few bushfires.
Any Sydney Airport holders know who is paying for their loss . Probably add the Casinos, fun parks ,Sports stadiums and clubs . I think I will stop there
You can say as a NON holder I am the prophet of doom but DYOR is all over the site .
IAG Price at posting:
$5.09 Sentiment: None Disclosure: Not Held
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