IAG sees GWP rise 10.6% to $14.7bn in its FY results

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Reinsurance News - Aug 21, 2023

Australian insurer IAG has reported that Gross Written Premium (GWP) increased 10.6% to $14.7bn in its 2023 full year results, while insurance profit rose 37% to $803m. IAG noted that while the GWP increase was primarily due to premium rises in response to inflation pressures and higher reinsurance...

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