IAG insurance australia group limited

News: IAG Insurance Australia Group half-year cash earnings nearly doubles

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    Feb 16 (Reuters) - Insurance Australia Group (IAG) on Friday posted a 46.3% jump in its half-year cash earnings, as higher premiums and volume growth from its clientele in Australia and New Zealand strengthened margins.

    Australia's top general insurer posted cash earnings of A$415 million ($270.66 million), compared with A$223 million reported a year earlier.

    ($1 = 1.5333 Australian dollars)

 
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