Storm Australian Severe Weather Forum

Storm News and Media Headlines => Storm News and Media Headlines => Topic started by: Guest on 15 February 2011, 06:00:09 AM

Title: Severe Weather IAG cuts guidance on floods - ABC News (Australian Broadcasting Corporation)
Post by: Guest on 15 February 2011, 06:00:09 AM
IAG cuts guidance on floods - ABC News (Australian Broadcasting Corporation)
     


Shares in Insurance Australia Group (IAG), have fallen by as much as 5 per cent after the company warned that its first half profit will more than halve due to a massive increase in natural disaster-related claims and a struggling UK operation.
   

http://www.abc.net.au/news/stories/2011/02/14/3138075.htm