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).
IAG (ASX:IAG) has released a preview of its FY20 result and it has also cancelled its final dividend.
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Commonwealth Bank of Australia (ASX: CBA) and National Australia Bank Ltd. (ASX: NAB) shareholders are wondering how their bank shares will be affected by the current sell-off and market squeeze.
The Insurance Australia Group Ltd (ASX: IAG) share price was trading more than 6% lower today after the company updated its FY20 guidance.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.
Insurance Australia Group (ASX:IAG) has updated the market about its FY20 outlook at its annual general meeting (AGM).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.05% at lunch.
Insurance Australia Group Ltd (ASX:IAG) has agreed to sell its 26% stake in SBI General Insurance for $640 million, ending its joint venture with the State Bank of India.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
