IAG insurance australia group limited

News: IAG Insurance Australia says FY net profit attributable $929 mln

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    Aug 23 (Reuters) - Insurance Australia Group Ltd (IAG) :

    • FY net profit attributable to IAG shareholders $ 929 million versus $625 million
    • Final dividend of 20.0 cents per security
    • Expects to report an improved underlying operating performance in financial year 2018
    • FY18 GWP growth is expected to be in low single digit range
    • FY revenue from ordinary activities down 1.6 % to $16.50 billion
    • FY gross written premium $11.81 billion versus $11.37 billion
    • Group'S reported margin guidance for the year ended 30 june 2018 is a range of 12.5-14.5%
 
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