UPDATE 3-Storms hit Australia's IAG year profit growth


(Adds analyst comments, CEO briefing, updates shares) By Daniel Morrissey SYDNEY, Aug 19 (Reuters) - Insurance Australia Group Ltd. (IAG), the country's biggest home and car insurer, posted a smaller-than-expected 14 percent rise in annual profit, squeezed by losses on storm claims and price cutting, and warned of tougher competition ahead. Investors took the results and the company's comments about "increasingly aggressive price competition" by local and offshore rivals as a reason to ...

Premium Content (PAID Subscription Required)

"UPDATE 3-Storms hit Australia's IAG year profit growth" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×