BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Catastrophe losses cost IAG $425 million

Flooding in Townsville, Australia, earlier this year

Catastrophe losses cost Insurance Australia Group Ltd. $627 million Australia ($425 million) in the fiscal year ended June 2019, after burning through a stop-loss cover of $101 million, Artemis reports. At the end of June, IAG had eroded around AUD 200 million of the gross deductible for its aggregate reinsurance contract.

Read more.