IAG finalises financial year aggregate reinsurance
11 July 2022
IAG has finalised its aggregate reinsurance cover for the financial year after in January renewing its main catastrophe program, which is on a calendar year basis.
“Aggregate cover provides protection of $350 million in excess of $500 million, with individual qualifying events capped at $200 million in excess of $50 million per event,” the insurer said last week.
Third and…