IAG insurance australia group limited
Add to My Watchlist 0.58% ! $8.62

{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...

  1. FNN News
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    10/11/11
    10:33
    Post #: 9266397
    .


    Insurance Australia Group Limited (ASX:IAG) expects that claims arising from the recent floods in Thailand will cost the company at least $50 million.



    The insurer says it has already been hit by about 1,500 claims from Thailand’s worst flooding in half a century.



    IAG’s expects claim assessments to take several weeks to complete as the water level slowly recedes.



    The company says its preliminary estimate of $50 million assumes the remaining protection available under the group's aggregate reinsurance cover is used fully.



    In the 2011 financial year IAG posted a net profit of $338 million.


    IAG Price at posting: $3.04 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
RMX Red Mountain Secures Utah Antimony Project in United States
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
NEWS Cells protected by Xolatryp through mitochondrial stabilisation
right-arrow Created with Sketch.
3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$8.62 		Change
-0.050(0.58%) 		Mkt cap ! $20.38B
Open High Low Value Volume
$8.65 $8.69 $8.56 $18.80M 2.184M

Buyers (Bids)

No. Vol. Price($)
1 9 $8.59
 

Sellers (Offers)

Price($) Vol. No.
$8.62 1989 1
View Market Depth
Last trade - 16.10pm 16/09/2025 (20 minute delay) ?
IAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.