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Insurance Australia Group Limited (ASX:IAG) is undertaking a strategic review of its UK business.
The insurance company which owns motor insurer Equity Red Star, will consider refining the business’ strategy to focus on a more specialist motor offering as well as explore options for a potential sale of all or part of the business.
IAG’s chief says, one of its key strategic priorities is to return the UK to profitability, which reported a net loss of $5 million in the first half of this year.
IAG reported a net profit of $167 million in the first half of its 2012 financial year.
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Last
$8.45 |
Change
-0.170(1.97%) |
Mkt cap ! $19.98B | |||
| Open | High | Low | Value | Volume |
| $8.51 | $8.54 | $8.40 | $43.74M | 5.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17433 | $8.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.46 | 12465 | 4 |
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| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| IAG (ASX) Chart |