IAG sees GWP rise to $7.1bn in H123 results

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Reinsurance News - Feb 13, 2023

Australian insurer IAG has reported that Gross Written Premiums rose 7.5% to $7.1bn in H123 as strong rate rises countered higher inflation, perils expectation and reinsurance costs. Net profit after tax was also up on the corresponding half year at $468m (1H22 $173m) and included a post-tax Covid b...

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