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Insurance Australia Group Ltd (ASX:IAG) and Suncorp Group Ltd (ASX:SUN) have already recorded hundreds of claims mostly from south-east Queensland as torrential rains move down to New South Wales. That’s according to The Australian Financial Review.
IAG has assesors in Queensland and Suncorp has sent a customer response unit to the Moreton Bay area, near Brisbane.
The insurers say they have increased response times after last year’s devastating floods.
IAG posted a net profit of $338 million in fiscal 2011.
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Last
$8.54 |
Change
-0.240(2.73%) |
Mkt cap ! $20.19B | |||
| Open | High | Low | Value | Volume |
| $8.78 | $8.78 | $8.52 | $50.88M | 5.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7326 | $8.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.57 | 33989 | 3 |
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| Last trade - 16.17pm 08/08/2025 (20 minute delay) ? |
| IAG (ASX) Chart |