IAG and Suncorp to release Covid BI provisions following Oz court decision
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IAG and Suncorp to release Covid BI provisions following Oz court decision

Liz Bury
17 October 2022
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Australian insurers IAG and Suncorp are to reduce provisions they made against possible Covid-19-related BI losses, following a High Court of Australia judgment.

The court decided on Friday to refuse leave to appeal the second industry test case involving the Insurance Council of Australia.

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Liz Bury
Editor, Insurance Insider ILS
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