Aug 21 (Reuters) - Insurance Australia Group (IAG) on Monday reported a sharp jump in its annual cash earnings as higher income from premiums in Australia and New Zealand helped offset higher claims costs.
Australia's top general insurer posted cash earnings of A$452 million ($289.42 million) for the 12 months ended June, up from A$213 million posted a year ago.
It missed analysts' estimate of A$656.7 million, according to Refinitiv Eikon. ($1 = 1.5618 Australian dollars)
News: IAG Insurance Australia Group full-year cash earnings more than doubles, misses estimates
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Last
$8.79 |
Change
0.120(1.38%) |
Mkt cap ! $20.79B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.79 | $8.61 | $28.73M | 3.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16456 | $8.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.79 | 501 | 2 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| IAG (ASX) Chart |