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Insurance Business | 21 Aug 2015, 12:21 p.m. Agree 0
This major player’s recent merger has boosted GWP by nearly 20%, as it maintained its market-leading position and buffered the big natural peril hits taken by its parent.
  • Jonno | 21 Aug 2015, 02:02 p.m. Agree 0
    This is a good result and IAG is a strong company, but there is an interesting point in their report (Page 9, part III. Canterbury Rebuild).
    They have run out of reinsurance for the February 11 event and all increases in reserves are now net to the group. They cannot quantify what impact this will have.
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