IAG insurance australia group limited
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News: IAG Insurance Australia Group's FY profit rises marginally

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    15/08/18
    08:35
    Post #: 34941456

    Aug 15 (Reuters) - Insurance Australia Group (IAG) reported a 1 percent rise in full-year attributable profit on Wednesday, helped by improved insurance margin.

    Annual net profit from continuing operations rose to A$947 million ($685.34 million), compared to A$938 million in the previous fiscal year.

    IAG wrote A$11.65 billion worth of gross premiums during the year, up about 2 percent on A$11.44 billion in fiscal 2017.

    ($1 = 1.3818 Australian dollars)

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