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BRIEF-Insurance Australia says FY net profit attributable $929 mln
August 22, 2017 / 10:39 PM / a month ago

BRIEF-Insurance Australia says FY net profit attributable $929 mln

Aug 23 (Reuters) - Insurance Australia Group Ltd:

* FY net profit attributable to IAG shareholders $ 929 million versus $625 million

* Final dividend of 20.0 cents per security

* Expects to report an improved underlying operating performance in financial year 2018

* FY18 GWP growth is expected to be in low single digit range

* FY revenue from ordinary activities down 1.6 % to $16.50 billion

* FY gross written premium $11.81 billion versus $11.37 billion

* Group’S reported margin guidance for the year ended 30 june 2018 is a range of 12.5-14.5% Source text for Eikon: Further company coverage:

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