IAG aggregate cover eroded in wake of $120mn Sydney hailstorm losses

Hail storm damage i

Australian carrier IAG said claims stemming from the hailstorms across Sydney yesterday have already exceeded its maximum first event retention of A$169mn ($120.1mn) post-quota share.

Want to read this article?

Register your details for FREE access to this article - and ALL our premium content

You will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive


If you have already registered you can SIGN IN now