CEO Mike Wilkins News

IAG Posts US$1.467 Billion 2014 Fiscal Year Operating Profit

Insurance Australia Group Limited (IAG) announced a strong operating performance for the financial year ended June 30, 2014 (FY14), posting an insurance profit of A$1.579 billion [US$1.467 billion] for the year, up 10.6 percent from A$1.428 billion [US$1.326 billion] for …

IAG Receives Regulatory Approval for Wesfarmers Underwriting Acquisition

Insurance Australia Group Limited (IAG) announced that it has received the required regulatory approvals from the Commonwealth Acting Assistant Treasurer for its acquisition of the Wesfarmers insurance underwriting business. IAG expects to complete the transaction on June 30, 2014. Managing …

IAG Updates FY14 Guidance: GWP Down, Margins Up

Insurance Australia Group Limited (IAG) announced an update to its guidance for the financial year ending 30 June 2014 (FY14) following a review of expected performance in the first half of the year. IAG said it “has revised its FY14 …