IAG maintains FY26 insurance profit target despite RACQI impact

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Reinsurance News - Feb 12, 2026

IAG has reported net profit after tax for H1 of the 2026 financial year of AU$505m, down from AU$778m in the same period of 2025. The result was impacted by the one-off RACQI impact of AU$174m from severe seasonal weather immediately following the acquisition, and before the business was integrated...

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