Insurance Australia Group Ltd

IAG: XASX (AUS)
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Insurance Australia Group Earnings: Australian Retail Strength Offset by Weak New Zealand Result

Insurance Australia Group's fiscal 2026 profit fell 25% to about AUD 1 billion despite gross written premium, or GWP, growth of 7.6% to AUD 18.4 billion. Lower investment income and higher natural hazard expenses are largely to blame. Guidance is for 5%-8% GWP growth for fiscal 2027. Shares fell 5%.

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