Insurance Australia Group Half Year Result - IAG profits fall as reinsurance expenses rise

Online Stockbroker
Insurance Australia Group (IAG) posted a 19.5% slump in first half profit to $466 million, which was above the market’s expectations. The result was held back most by $1.6 billion in reinsurance expenses due to a deal with Berkshire Hathaway
For more Reporting Season coverage, please visit (VIEW LINK)
4 topics
1 stock mentioned

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise