The Australian | Insurers bracing for $1.2bn hit from Cyclone Debbie The Australian A year of natural disasters, with Cyclone Debbie the latest in a string of catastrophes, has sparked an earnings downgrade at Insurance Australia Group. IAG yesterday revealed its underlying insurance margin — the company's key measure of ... Cyclone Debbie does more damage - this time to insurance company profits IAG facing margin hit after Cyclone Debbie Ex-Cyclone Debbie wreaks havoc in NZ |