Major Australasian insurer IAG has confirmed that the order on its A$7.0bn ($5.1bn) catastrophe reinsurance treaty has been slashed to 80 percent following the inception of its strategic alliance with Berkshire Hathaway.
Major Australasian insurer IAG has confirmed that the order on its A$7.0bn ($5.1bn) catastrophe reinsurance treaty has been slashed to 80 percent following the inception of its strategic alliance with Berkshire Hathaway.