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IAG Boosts FY25 Profit Outlook on Lower Natural Perils Costs
8:48am on Tuesday 1st of July, 2025 AEST
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Insurance
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IAG Boosts FY25 Profit Outlook on Lower Natural Perils Costs
8:48am on Tuesday 1st of July, 2025 AEST
Key Points
Natural perils cost estimate lowered by $200 million to $1.08 billion
NSW floods contribute approximately $400 million to natural perils costs
Reported insurance profit guidance raised to $1.6–$1.8 billion
Insurance margin guidance increased to top end of 15.5%–17.5% range
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