IAG FY24 net profit growth driven by net premiums increase among other factors

Share!

Reinsurance News - Aug 21, 2024

Australian insurer IAG has announced its 2024 full-year results, reporting a net profit after tax of $898 million, up 7.9% on 2023 which saw $832 million in profits. According to the firm, this increase was driven by an 11% rise in net earned premiums, to $9,244 million, an improvement in the insura...

Read Full Article

Recommended Articles

AIG CEO doubles down on AI strategy amid complex risk landscape

Posted: Apr 01, 2026

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasi...

AM Specialty Insurance announces series of promotions

Posted: Apr 01, 2026

AM Specialty Insurance Group (ASIG), a provider of specialty insurance solutions, has announced a se...

Acrisure completes acquisition of MGA Vave from Canopius

Posted: Apr 01, 2026

Acrisure, a global fintech leader, has completed its previously announced acquisition of specialty r...