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BRIEF-Insurance Australia Group purchases additional catastrophe reinsurance cover
June 8, 2017 / 11:22 PM / 2 months ago

BRIEF-Insurance Australia Group purchases additional catastrophe reinsurance cover

June 9 (Reuters) - Insurance Australia Group Ltd-

* Iag purchases additional catastrophe reinsurance cover

* ‍Additional cover has $1 billion of gross protection in excess of $7 billion, including one prepaid reinstatement​

* Cover includes a contractual period of 19 months, commencing 1 june 2017 and concluding on 31 december 2018 Source text for Eikon: Further company coverage:

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