IAG has more than 5,000 flood claims so far

Mon, 30 Jan 2023

Insurance Australia Group (IAG) said it has received more than 5,000 claims resulting from the floods that hit Auckland on Friday.The insurer said the claims were received from its AMI, State and NZI brands, and that it urged customers to lodge claims as soon as possible.“It is currently too early to determine the financial impact of the Auckland event. As the financial impact of the Auckland event becomes clearer, IAG may review its estimate for full-year 2023 natural peril costs,” it said in a statement.But it has extensive reinsu...

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