COVID-19 BI claims, customer refunds drive IAG into red

Share!

Business Insurance - Aug 11, 2021

Insurance Australia Group Ltd. reported a net loss of 427 million Australian ($313.8 million) in the fiscal year ended June 30, 2021, after posting a profit of AUD435 million in the year-ago period....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...