July 23 (Reuters) - Insurance Australia Group Ltd (IAG) :
- EXPECTS ITS PRELIMINARY FY21 RESULTS WILL CONTAIN GROSS WRITTEN PREMIUM GROWTH OF 3.8%
- PRELIM FY21 NET EARNED PREMIUM A$7,473 MILLION, GROWTH OF 1.5% ON FY20
- IAG EXPECTS TO RECORD A PRE-TAX NET CORPORATE EXPENSE OF A$1,510 MILLION IN FY21
- PRELIM FY21 UNDERLYING INSURANCE MARGIN 14.7% (FY20: 16.0%), INCLUDING H2 RESULT OF 13.5%
- FY21 REPORTED NET LOSS OF A$427 MILLION VERSUS NET PROFIT OF A$435 MILLION
- SEES ‘LOW SINGLE-DIGIT’ GROWTH FOR GWP IN FY22
- SEES FY22 REPORTED INSURANCE MARGIN BETWEEN 13.5%–15.5%
- SEES INCREASE IN NATURAL PERILS ALLOWANCE TO A$765 MILLION IN FY22
- PRELIM FY21 REPORTED NET LOSS A$427 MILLION
- PRELIM FY21 CASH EARNINGS A$747 MILLION
News: IAG Insurance Australia Group Says Expect 'Low Single-Digit' Growth For GWP In FY22
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Last
$8.59 |
Change
0.120(1.42%) |
Mkt cap ! $20.31B | |||
| Open | High | Low | Value | Volume |
| $8.47 | $8.60 | $8.45 | $18.60M | 2.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14477 | $8.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.60 | 8966 | 7 |
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| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| IAG (ASX) Chart |