July 22 (Reuters) - Insurance Australia Group Ltd (IAG) :
- SEES FY REPORTED NPAT OF A$347 MILLION VERSUS $427 MILLION LOSS
- SEES FY REPORTED INSURANCE PROFIT OF A$586 MILLION REPRESENTING A MARGIN OF 7.4%
- MODEST VOLUME GROWTH AND AN INCREASE IN CUSTOMER NUMBERS ARE EXPECTED IN FY23
- SEES AN INCREASE IN NATURAL PERIL ALLOWANCE TO A$909 MILLION POST QUOTA-SHARE IN FY23
- EXPECTED UNDERLYING INSURANCE MARGIN IN H2 OF FY22 OF 14.1%
- SEES FY23 REPORTED INSURANCE MARGIN GUIDANCE OF 14% TO 16%
- EXPECTED COMPLETION OF SALE OF MALAYSIAN BUSINESS BY 31 JULY WILL ADD A FURTHER A$150 MILLION (ABOUT 6PTS) TO GROUP'S CET1
- FOR FY23 SEES CHALLENGING OPERATING ENVIRONMENT WITH VOLATILE INVESTMENT MARKETS, HIGHER INFLATIONARY ENVIRONMENT AMONG OTHERS
News: IAG Insurance Australia Group Says Expects FY Reported NPAT Of A$347 Mln
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Last
$8.77 |
Change
-0.025(0.28%) |
Mkt cap ! $20.73B | |||
| Open | High | Low | Value | Volume |
| $8.78 | $8.78 | $8.71 | $4.433M | 506.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 8283 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.77 | 13353 | 37 |
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| Last trade - 12.49pm 31/07/2025 (20 minute delay) ? |
| IAG (ASX) Chart |