Jan 3 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* FINALISED ITS CATASTROPHE REINSURANCE PROGRAM FOR 2019 CALENDAR YEAR
* PROGRAM PROVIDES INCREASED GROSS REINSURANCE PROTECTION OF UP TO $9 BILLION
* PROGRAM PLACED TO EXTENT OF 67.5% TO REFLECT CUMULATIVE WHOLE-OF-ACCOUNT QUOTA SHARE POSITION OF 32.5%.
* ALL CATASTROPHE COVERS AT JAN 1, 2019 IN POST-QUOTA SHARE FIRST EVENT RETENTIONS OF $169 MILLION FOR AUSTRALIA AND NZ$169 MILLION FOR NEW ZEALAND