IAG insurance australia group limited

News: IAG profit triples

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    Insurance Australia Group’s ( ASX:IAG) first half net profit has skyrocketed to $461 million in the six months to December 31.



    The result is more than triple  the previous corresponding period.   



    Unsurprisingly, rising insurance margins have the insurer on track to boost annual net full year profit. 



    IAG will pay an interim dividend of 11 cents, fully franked.
 
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