Sydney hailstorm brings IAG to within A$126m of nat cat allowance
Sydney's dramatic hailstorm on 18 February has cost Australian insurer IAG at least A$160m (£99m) in claims so far.
As a result IAG' full year 2017 natcat exposure has risen to A$650m at the end of February. The insurance giant has four months and A$126m to meet its full year 2017 quota nat cat allowance of A$776m
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