Reuters logo
BRIEF-Insurance Australia Group says general insurance licence consolidation approved
July 20, 2017 / 6:23 AM / 4 months ago

BRIEF-Insurance Australia Group says general insurance licence consolidation approved

July 20 (Reuters) - Insurance Australia Group Ltd:

* General insurance licence consolidation approved

* Will consolidate its nine Australian general insurance licences into two after receiving approval from Federal Court of Australia

* There will be no impact on IAG’s consolidated regulatory capital

* There will be no impact on claims and policies will continue to operate and be renewed in same way Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below