Market Overview

Insurance Australia Projects Rise In Reinsurance Expense

Insurance Australia Group Ltd (OTC: IAUGY) projects a rise in reinsurance expense in the current financial year.

For the 12 months to June 30, Insurance Australia projects a reinsurance expense of A$700 million to A$720 million, versus A$620 million, in the year-ago period.

Posted-In: Reinsurance ExpenseNews Guidance

 

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