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January 31, 2025 11:22 AM (EST)

After Court Ruling, IAG Releases $124.3 Million in COVID-19 Reserves

Insurance Australia Group Ltd. said it will release A$200 million ($124.3 million) of A$380 million in COVID-19 business interruption reserves after a federal court declassified a pending case . . .

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Settlements (Litigation) Business Interruption Insurance Reserves Australia Litigation Property And Casualty Insurers COVID-19 (Coronavirus)


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