AAI Ltd. (AAIL) is one of Australia's largest multiline insurers offering a relatively broad range of property and casualty (P&C) lines across personal and commercial segments. Its strong market positions are particularly evident in personal segments such as home and motor insurance. These market positions have also benefited from the group's multibrand strategy and the strength of those brands in key segments. Insurance underwriting has been relatively resilient despite the recent history of higher working claims, large claims, and natural hazard experience. Capital adequacy prospectively to remain in excess of the 'AA' level. The risk profile of AAIL's investment portfolio has lessened and remains well balanced across the insurance and shareholders' funds. Sound reinsurance cover reinstated, with higher natural hazard
