News Asia24 Aug 2017

Australia:IAG posts US$1 bln in insurance profits for FY17

24 Aug 2017

Australian insurance giant, IAG, yesterday announced insurance profits of A$1.3 billion (US$1.03 billion) and a reported insurance margin of 14.9% for the financial year ended 30 June 2017 (FY17), a 6.8% and 60 basis points (bps) respective increase on FY16.

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