News Non-Life27 Jul 2022

Australia:IAG turns around net financial results in FY2022

| 27 Jul 2022

Sydney-headquartered IAG, the largest general insurance company in Australia and New Zealand, has announced that its preliminary net profit after tax for the year ended 30 June 2022 (FY2022) stood at A$347m ($241m). This represented a turnaround in financial results given that the company posted an A$427m loss for FY2021.

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