IAG ceded more than A$700mn ($505mn) of natural catastrophe losses to reinsurers in its fiscal year 2020, the carrier said as it reported a sharp drop in profits for the year ended 30 June.
The
IAG ceded more than A$700mn ($505mn) of natural catastrophe losses to reinsurers in its fiscal year 2020, the carrier said as it reported a sharp drop in profits for the year ended 30 June.
The