It said premiums in Aus-Pac were rising about 11% for the quarter.
That’s lowest rise in past year, and below previous corresponding period.
Insurance giant QBE is pushing through double-digit premium increases in Australia, but the pace of increases appears to have slowed to the lowest in a year.
The Sydney insurer, which operates in 27 countries covering everything from aircraft to organ transplants, also said on Friday it remained on track in terms of disaster-cost expectations worldwide.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
