News Coronavirus watch11 Feb 2021

Australia:IAG posts first-half loss of US$365m due to BI provisions

| 11 Feb 2021

Insurance Australia Group (IAG) has reported a A$460m ($356m) loss for the December half of the current financial year, hit by the pre-tax A$1.15bn expense announced in November for potential business interruption claims relating to COVID-19.

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