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INSURANCE AUSTRALIA GROUP LIMITED (ASX: IAG)

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IAG: IAG announces redemption of Capital Notes trading as IAGPD

INSURANCE AUSTRALIA GROUP LIMITED

2023-03-31 07:57:00

IAG: Auckland flooding and financial update

INSURANCE AUSTRALIA GROUP LIMITED

2023-02-03 07:30:00

IAG: IAG renews Berkshire Hathaway quota share agreement

INSURANCE AUSTRALIA GROUP LIMITED

  1. IAG has renewed its largest Whole of Account Quota Share (WAQS) agreement with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc.
  2. The renewed agreement is effective from 1 January 2023 until 31 December 2029.
  3. The Strategic Relationship Agreement and the equity ownership Subscription Agreements between IAG and Berkshire Hathaway remain in place.

2023-01-12 08:48:00

IAG: 2023 Reinsurance Program And 10% Quota Share Renewals

INSURANCE AUSTRALIA GROUP LIMITED

  1. IAG has successfully placed its catastrophe reinsurance program for the 2023 calendar year.
  2. Main catastrophe cover for two events up to $10 billion, with a retention of $338 million.
  3. Further drop-down cover of $150 million reducing IAG's retention on the two events to $236 million with an additional premium payable if the drop-down cover is utilised on a first event.

2023-01-09 09:23:00