SYDNEY, July 9 (Reuters) - Insurance Australia Group Ltd (IAG.AX: Quote, Profile, Research) (IAG), Australia's biggest home and car insurer, would cut 600 jobs, or about 5 percent of its workforce, to meet its planned A$130 million ($124 million) in annual cost savings, Chief Executive Officer Michael Wilkins told a media briefing. ($1=A$1.05) (Reporting by Denny Thomas;)
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