The news: Insurance Australia Group (IAG) has told investors that it is on track to meet its full-year guidance of “mid-to-high single digit” gross written premium (GWP) growth, after seeing “relatively low” levels of natural perils in the September quarter.
The numbers: Speaking at the insurer’s annual general meeting this morning, IAG managing director and chief executive Nick Hawkins said the group expects to meet its FY25 guidance for an insurance margin of 13.5% to 15.5% and mid-to-high…
