Insurance Australia Group (ASX: IAG) is Australia’s largest insurance business, its direct heritage dates back to 1920. Its businesses underwrite over $11.4 billion of premium per annum, selling insurance under many brands, including NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley Insurance (New Zealand).
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has fallen by 0.13% at lunch.
This morning, Insurance Australia Group (ASX: IAG) revealed its financial results for the six month period to 31 December 2017.