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IAG Surges to $778M Profit, Boosts Dividend Amid Strong 1H25 Growth
7:39am on Thursday 13th of February, 2025 AEDT
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Insurance
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IAG Surges to $778M Profit, Boosts Dividend Amid Strong 1H25 Growth
7:39am on Thursday 13th of February, 2025 AEDT
Key Points
Net profit after tax rises to $778 million, up 91% year-on-year
Gross written premium grows 6%, driven by Motor and Home insurance
Underlying insurance margin improves to 15.1%, up 140 basis points
Interim dividend increased by 20% to 12 cents per share
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