IAG holds BI provisions at A$1.2bn as second test case heads for appeal

IAG has maintained its A$1.22bn ($910mn) net provision for potential Covid-related business interruption (BI) claims but predicted a “release from the provision will occur” as it moves to appeal the Federal Court ruling in Australia’s second test case.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929


    Andy Stone

    Sales manager

    +44 (0) 7834 843176